- About the CNB
About the CNB
The CNB is the central bank of the Czech Republic, the supervisor of the Czech financial market and the Czech resolution authority. It is established under the Constitution of the Czech Republic and carries out its activities in compliance with Act No. 6/1993 Coll., on the Czech National Bank, as amended.
- Monetary policy
Monetary policy
The Czech National Bank endeavours to keep inflation low, stable and therefore predictable. It achieves its inflation target of 2% by setting interest rates and other monetary policy instruments. The Bank Board decides about them on the basis of a macroeconomic forecast and an assessment of its risks and uncertainties.
- Financial stability
Financial stability
The CNB sets macroprudential policy by identifying, monitoring and assessing risks to the stability of the financial system and, in order to prevent or mitigate these risks, contributes by means of its powers to the resilience of the financial system and the maintenance of financial stability.
- Supervision, regulation
Supervision, regulation
The CNB is the supervisory authority for the financial market in the Czech Republic. It lays down rules safeguarding the stability of the banking sector, the capital market, the insurance industry and the pension scheme industry. It regulates, supervises and, where appropriate, issues penalties for non-compliance with these rules.
- Banknotes and coins
- Payments
- Financial markets
- Resolution
- Statistics
- Research
Read CNB Governor Aleš Michl’s selected speeches and interviews in which he explains how the central bank is fighting inflation and what steps it is taking to achieve price stability.
Consumer prices in the Czech Republic are going up at a rate of around 2% a year. Maintaining low, stable and thus predictable inflation is the primary objective of the Czech National Bank.
The CNB has prepared a web portal devoted to its financial and economic literacy activities for the public.
Read the CNB’s regular and occasional publications.
By 2028, the Czech National Bank will hold 100 tonnes of gold – the most in its history – in its international reserves, gradually rebuilding the nation’s gold reserves. Why gold?
Payments are an essential part of our daily lives, and instant payments allow you to send money without the wait. How exactly do they work, and how can they make your life easier? Read more to find out.
Key rates
2.75%
Discount Rate
3.75%
2W Repo Rate
4.75%
Lombard Rate
Inflation
February 2025
CNB current forecast
2.4%
Inflation 2025
2.1%
Inflation 2026
2.0%
GDP 2025
2.4%
GDP 2026
Capital buffer rates
1.25%
CCyB rate
0.5%
SyRB rate
2.5%
O-SIImax rate
Limits on credit ratios
80%
LTV
– –
DTI
– –
DSTI
Golden Rules for Bureau-de-Change Clients
- Change money only at designated bureaux de change. Before changing money, carefully read all the information given on the exchange rate list.
- The terms “purchase and sale of foreign currency” and the corresponding exchange rates, i.e. the information about the direction of the exchange, are given from the bureau de change’s perspective...
