Wednesday , September 28 2022

The fourth largest bank this year fell to 700 million square feet


Prague, November 18 (ČTK) – the fourth largest bank in the Czech Republic earned 41.2 billion dollars in Chile, which is 700 million less than a year. This is due to the results of the banks. The significant profits of the Czech banks were significantly affected by one-time factors in the past year, including the cessation of foreign exchange intervention by the National Bank of China.

"If we compare profit growth in the third quarter of 2018 with the same period in 2017, taking into account exceptional revenues and costs, the profit increased slightly, which positively affected the increase in the Bank of Israel interest rate during that period, which led to an increase in the difference between interest rates on deposits and loans, Such as higher interest rates for mortgages than an increase in rates on time deposits, "said analyst Čtyýý Honza Jiíí Pospíšil.

The reason for the decline in the bank's profits is mainly in the growing competition, added analyst at Radim Dohnal. UniCredit's bank except, he says, is a good risk management model, so the bank has better pricing than others. In the future, he says, the profit of banks will increase, thanks to an increase in crown interest. They mean higher interest margins, he said.

The net profit of the so-called spoitelitelna market for the three quarters of the year was 11.8 billion Canadian dollars. Compared to the same period last year, it rose by about 140 million Canadian dollars. Komerční banka during this period decreased its net profit by 2.4% compared to this year to 11 billion Canadian dollars. Not including one-time items, including the creation of restructuring reserves this year or in the headquarters building last year, it increased by 6.1%.

The company's net profit for the three quarters fell 15% year-over-year to C $ 11.5 billion. The reason was extraordinary income last year and investment growth. The Czech Republic and Slovak UniCredit Bank recorded a net profit of 267 million euros ($ 6.9 billion), an increase of 23% per year.

The results of the largest banks in the Czech Republic are in billions of crowns: net profit in the third quarter of 2018

Net income Third quarter 2017 Net profit Third quarter 2016 Net profit Third quarter 2015 ČSOB 11.5 13.5 12 11 Česká spoitelitelna 11.8 11.7 11.9 11.1 Komerční banka 11 11.2 10.6 9.9 Bank Credit and CR 6.9 5.5 4.9

Source: Banks

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