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PPF Banka reports CZK 826m in net profit for H1

PPF Banka reported a 58% year-on-year increase in net profit, which amounted to CZK 826 m, in the first half of 2015. General director Petr Jirásko said that the growth was based on an increased profit from securities trading and an improving risk profile of its portfolio. Client loans in the reported period totalled CZK 30bn. Deposits exceeded CZK 74bn. Compared to the end of 2014, total assets and liabilities dropped 3% to CZK 105bn. Capital adequacy increased 2.3% to 17.05%.

Source: www.cianews.cz