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UniCredit Bank posts CZK 4.6bn in net profits in 9M 2015

UniCredit Bank Czech Republic and Slovakia (UniCredit Bank) posted consolidated net profit totalling CZK 4.6bn for the first nine months of 2015, up 24.4% y/y. The value of loans extended to clients grew by 7.4% to CZK 354.1bn. Deposits increased by 19.1% to CZK 348.1bn. Consolidated capital adequacy totals 14.54%. UniCredit Bank’s CEO and board of directors chairman Jiøí Kunert has stated that the results are driven e.g. by increment of new clients in the Czech Republic and dynamic growth of loans extended to retail and corporate customers.

Source: www.cianews.cz