Asociace poskytovatelů nebankovních úvěrů
The Chamber approved a price cap on consumer loans, non-bank lenders say 90,000 people will lose access to legal credit
On 11 September the Chamber of Deputies passed, in third reading, an amendment to the Consumer Credit Act with a new price cap; amendment F3, which would have softened the cap, failed. The Association of Non-Bank Loan Providers estimates that at least 90,000 people who can repay their loans will be pushed out of the regulated market, and that some will end up at pawnshops and loan sharks. It welcomes new creditworthiness rules as a partial improvement, but they do not apply to loans repayable within a year.
Source: Asociace poskytovatelů nebankovních úvěrů
Editor's note. The 90,000 estimate comes from a group of 13 non-bank lenders whose business the cap reduces. The release gives neither the level of the cap nor how the estimate was reached.
Svaz energetiky ČR and Hospodářská komora ČR
The modulreaktor.cz portal offers Czech firms ten tenders to supply Rolls-Royce small reactors
The Czech Energy Association and the Chamber of Commerce have launched modulreaktor.cz, a portal listing Rolls-Royce SMR tenders for supplies to its small modular reactors; ten have been published so far. The contracts cover not only projects in Czechia but the whole fleet planned in Britain and Europe, and Rolls-Royce SMR is to choose its main suppliers by the end of 2027. Firms must register directly with Rolls-Royce SMR, the associations check their basic eligibility and ČEZ passes the information on; Rolls-Royce SMR makes the choice.
Source: Svaz energetiky ČR and Hospodářská komora ČR
Editor's note. The release does not say what the contracts are worth. It comes from associations representing the firms that are bidding.