Long gone are the days when only huts and cottages were made of wood.
In the USA, wooden buildings are the standard and in the Czech Republic this trend is growing. Today, you can already have, for example, a luxurious villa from a wooden building. Thanks to the speed of construction, energy efficiency and environmental friendliness, the share of wooden buildings is constantly increasing.You may have caught the news in the media that the CNB Bank Board increased the two-week repo rate (2T repo rate) by 1.25 percentage points to 7% on June 23, 2022. With this increase, Edward's deposit account yields 6.25% per annum!
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