Komercní banka : Loan exposure in selected sectors and territories
March 10, 2020 at 02:04 pm EDT
Share
Regulatory Story
Go to market news section
Komercni Banka - 0IKH
Loan exposure in selected sectors and territories
Released 17:56 10-Mar-2020
RNS Number : 6826F
Komercni Banka
10 March 2020
Information
Loan exposure in selected sectors and territories
Prague, 10 March 2020 - Komerční banka, a.s., with its registered office at Na Příkopě 33/969, 114 07 Prague 1, registration No. 45317054, entered in the register of companies maintained with the Metropolitan Court of Prague, section B, file No.1360, announces in accordance with article 7(3)(p) of the Conditions for Admission of Shares to Trading on the Prime Market of the Prague Stock Exchange:
The gross outstanding balance of loans provided to clients from selected sectors and territories as of 29 February 2020:
· Logistics at CZK 8.4 billion
· Hospitality and tourism dependent at CZK 6.7 billion
· Oil and gas mining, processing and distribution at CZK 3.0 billion
· Airlines and related services at CZK 1.7 billion
· Institutions and corporations from the Italian Republic at CZK 1.0 billion
Total gross volume of KB Group's lending to clients as of 31 December 2019 reached CZK 654.0 billion (excluding repo operations). Total regulatory capital for the capital adequacy calculation stood at CZK 86.6 billion as of 31 December 2019.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
Loan exposure in selected sectors and territories - RNS
Attachments
Original document
Permalink
Disclaimer
Komercní banka a.s. published this content on 10 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2020 18:03:21 UTC
Komercni Banka a.s. is one of the largest Czech banking groups. Net interest income breaks down by activity as follows:
- retail bank (59.1%): sale of classic and specialized banking products and services (leasing, consumer loan, retirement funds management, insurance, etc.);
- business bank (33.1%);
- investment and market bank (5%): investment funds management, financial intermediation, etc.;
- other (2.8%).
At the end of 2021, the group had CZK 948.6 billion in current deposits and CZK 738.9 billion in current loans.
Products and services are ensured through a network of 242 branches located in Czech Republic.
KOMERCNÍ BANKA, 
