As at 30th June 2023, Česká spořitelna reported an unaudited consolidated net profit of CZK 9.3 bn, according to the International Financial Reporting Standards (IFRS). Operating result reached CZK 12.3 bn.

“Česká spořitelna has a very strong long-term financial performance based on a successful business model focused on the financial health of its clients. The basis is, of course, our own health. From this perspective, it is very positive that we have seen a further improvement in our NPL ratio. Thanks to our strong position, we were able to complete the acquisition of Sberbank CZ's loan portfolio during the first half of the year, contributing significantly to making this the fastest and most successful large insolvency settlement in domestic history, as well as to further strengthening the stability of the domestic banking market,“ said Ivan Vondra, Česká spořitelna’s CFO in his reaction to the Bank´s H1 2023 financial results.

You will find more information in the attached press release and presentation.

S pozdravem/ Best regards

František Bouc

Česká spořitelna