News

Characteristics of the one in the volume of CZK 1 billion and characteristics of the one in the volume of CZK 400 million.

The Ceska Sporitelna branch network has a new addition – a branch on wheels. For the time being, Clients can use it in Bavorov and Bernartice, where the Bank began testing it this April.

The second year of the conference on financial literacy will take place at the City Conference Centre in Pankrác in Prague today. The aim of the conference is to help the general public orient itself in the confusing world of financial products and to point out the potential traps in contracts concluded with disreputable loan providers.

Ceska Sporitelna has prepared a new way of making appointments for everyone who is interested in having a meeting at a Ceska Sporitelna branch. Even people who are not the bank’s clients can set up a meeting free of charge with a banking advisor through the Internet.

As of May, Ceska Sporitelna is offering a new savings product for its clients, the Special-Purpose Savings Plan, with which clients can make their dreams and wishes come true. By regularly saving financial amounts, and earning a higher interest rate, of 1.3%, they can simply save the required amount for purchasing the items they have been longing for. In addition, they get discounts on the prices of goods and services from selected business partners.

As of 2 May 2012, Ceska Sporitelna is changing the name of the CS Premier service for highly affluent clients to Erste Premier. An extensive survey among affluent clients showed that Erste Premier is a brand that fully suits this specific group of clients, which did not identify greatly with the original CS Premier brand.

As at 31 March 2012, Ceska Sporitelna reported an unaudited consolidated net profit of CZK 4.46 bn (EUR 177.83 mil), according to International Financial Reporting Standards (IFRS), which is a year-on-year increase of 17.2% from CZK 3.80 bn (EUR 155.93 mil). Operating profit grew by 2.8%, to CZK 6.83 bn (EUR 272.33 mil).