Česká spořitelna has confirmed a good start to 2024, recorded growth in both customer loans and deposits
As at 30 June 2024, Česká spořitelna reported an unaudited consolidated net profit of CZK 12.4 bn, according to the International Financial Reporting Standards (IFRS). Operating result reached CZK 15.2 bn.
"Česká spořitelna confirmed a strong start to 2024 in the second quarter. The Bank's results were positively impacted by the recovery in domestic demand and loan growth, with loans now reaching almost 70% of deposits. The high-interest rate environment also played a significant role, though rates have begun to decline and are expected to fall further in the second half of the year. From Česká spořitelna's perspective, it is crucial that our strategy to promote the financial health of clients is resonating well. Additionally, this approach received notable international recognition in the second quarter. At the World Customer Centricity Awards in Dubai, we secured first place in a global competition of banks, which we regard as a significant commitment for the future," said Ivan Vondra, Česká spořitelna’s CFO in his reaction to the Bank´s H1 2024 financial results.
You will find more information in the attached press release and presentation.
Česká spořitelna has confirmed a good start to 2024, recorded growth in both customer loans and deposits
As at 30 June 2024, Česká spořitelna reported an unaudited consolidated net profit of CZK 12.4 bn, according to the International Financial Reporting Standards (IFRS). Operating result reached CZK 15.2 bn.
"Česká spořitelna confirmed a strong start to 2024 in the second quarter. The Bank's results were positively impacted by the recovery in domestic demand and loan growth, with loans now reaching almost 70% of deposits. The high-interest rate environment also played a significant role, though rates have begun to decline and are expected to fall further in the second half of the year. From Česká spořitelna's perspective, it is crucial that our strategy to promote the financial health of clients is resonating well. Additionally, this approach received notable international recognition in the second quarter. At the World Customer Centricity Awards in Dubai, we secured first place in a global competition of banks, which we regard as a significant commitment for the future," said Ivan Vondra, Česká spořitelna’s CFO in his reaction to the Bank´s H1 2024 financial results.
You will find more information in the attached press release and presentation.