This year, the net profit of the ČSOB group fell by 22 percent to 3.6 billion crowns

Update: 16.05.2023 17:18

Prague – ČSOB Group’s net profit in the first quarter fell by 22 percent to 3.6 billion crowns. The volume of assets under its management rose by 12 percent to 326 billion crowns. The number of clients increased year-on-year by 55,000 to 4.339 million. ČSOB, which is one of the largest domestic banks, told ČTK today.

The bank also recorded an increase in the volume of loans by three percent to 879 billion crowns. The volume of ČSOB’s total client deposits grew by seven percent to 1.248 billion crowns.

The ČSOB Group includes ČSOB, Hypoteční banka, ČSOB stavební spořitelna, ČSOB Penzijní společnost, ČSOB Leasing and ČSOB Factoring. ČSOB is part of the international banking and insurance group KBC, which is active in Belgium and the countries of Central and Eastern Europe.

Source: České noviny – hlavní události by

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