As at 31 st March 2024, Česká spořitelna reported an unaudited consolidated net profit of CZK 5.7 bn, according to the International Financial Reportig Standards (IFRS). Operating result reached CZK 7.5 bn.
"Česká spořitelna has started 2024 positively, an important development for the Czech economy. Our encouraging results indicate an overall improvement in the economic and financial conditions of our clients and the entire economy. Česká spořitelna's robust capital and stability, reflective of the entire banking sector, have enabled successful recovery support post-covid crisis and subsequent inflation. We take pride in the comprehensive financial care we provide to our clients, regardless of whether they are households or businesses. Their appreciation of this approach is clear, as a recent IMAS survey identified us as the preferred bank among clients of regional corporate centres. Underscoring Česká spořitelna's historical role in societal prosperity, we are vigorously involved in solutions tackling broad issues like housing affordability and retirement savings and enhancing education in key areas of financial literacy and cybersecurity. We will persist in supporting the Czech economy's growth and I am confident that we can counter any negative influences that might weaken the banking sector or the economy at large," said Ivan Vondra, Česká spořitelna’s CFO in his reaction to the Bank's Q1 2024 financial results.
You will find more information in the attached press release and presentation.
As at 31 st March 2024, Česká spořitelna reported an unaudited consolidated net profit of CZK 5.7 bn, according to the International Financial Reportig Standards (IFRS). Operating result reached CZK 7.5 bn.
"Česká spořitelna has started 2024 positively, an important development for the Czech economy. Our encouraging results indicate an overall improvement in the economic and financial conditions of our clients and the entire economy. Česká spořitelna's robust capital and stability, reflective of the entire banking sector, have enabled successful recovery support post-covid crisis and subsequent inflation. We take pride in the comprehensive financial care we provide to our clients, regardless of whether they are households or businesses. Their appreciation of this approach is clear, as a recent IMAS survey identified us as the preferred bank among clients of regional corporate centres. Underscoring Česká spořitelna's historical role in societal prosperity, we are vigorously involved in solutions tackling broad issues like housing affordability and retirement savings and enhancing education in key areas of financial literacy and cybersecurity. We will persist in supporting the Czech economy's growth and I am confident that we can counter any negative influences that might weaken the banking sector or the economy at large," said Ivan Vondra, Česká spořitelna’s CFO in his reaction to the Bank's Q1 2024 financial results.
You will find more information in the attached press release and presentation.