Komercní banka : Komerční banka established new subsidiary KB Poradenství
June 29, 2023 at 11:09 am
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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 (hereinafter also Komerční banka or the Bank), announces that
Komerční banka has founded a new fully owned subsidiary, KB Poradenství, s.r.o. (hereinafter also KB Poradenství or the Company). The Company was established by registering in the register of companies on 27 June 2023.
KB Poradenství was founded in relation to the intended development of the distribution model of KB Group. The registered scope of business of the Company includes intermediation of consumer loans, intermediation of insurance and reinsurance, intermediation of supplementary pension savings and investment brokerage. In order to be authorised to conduct these business activities, the Company needs to obtain additional licenses.
KB Poradenství has a registered capital of CZK 100,000 and it has become a part of the regulatory consolidation group of Komerční banka (KB Group).
Komercní banka a.s. published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2023 15:07:57 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, 
