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J&T BANKA posts 9M operating profit of CZK 1.67bn

The bank J&T BANKA posted operating profit of CZK 1.67bn for 9M 2014, up 92% y/y. Net profit totalled CZK 1.38bn. The bank has informed that its balance sum increased by 36% to CZK 130.19bn. According to the bank, the higher balance sum was driven primarily by an increase in client deposits, which exceeded CZK 104.4bn. J&T BANKA had over 42,000 clients as of the end of the monitored period. Loan portfolio grew 51% to CZK 70.83bn. Consolidated capital adequacy totalled 13.1%.

Source: www.cianews.cz