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Czech News in English » Business » Equa Bank’s loan portfolio up to CZK 30.1bn

Equa Bank’s loan portfolio up to CZK 30.1bn

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Equa Bank generated profit of CZK 52m as of June 30, 2016. Loans extended to clients grew 28% to CZK 30.1bn. Deposits soared 31% to CZK 38.3n. The bank’s client base grew 45% to 215,000. Balance sum grew 30% y/y. Equa Bank’s general director and board of directors chairman Petr Řehák anticipates that the bank will generate profits also in the full year of 2016. Velek: Audi expects network expansion thanks to e-mobility Audi currently has even coverage of the Czech territory through 19 dealerships. But the number of stores specialising in e-mobility may be expected to go up with the arrival of hybrid drives. There might also be new Audi Sport dealerships focusing on the R and RS models amid the growing interest in sports models. These models are currently offered by Auto Jarov Kunratice, Auto ISR in Prague-Průhonice, Top Centrum car Kyjov and Auto Heller Ostrava. This information was provided by the Audi unit director at Porsche Česká republika Tomáš Velek in an interview with ČIANEWS. He added that in H2 2016, innovations would be supported by an ad campaign and the company would also repeat the Audi Sport Experience project. Bisnode: 13,731 companies established in CR in H1 2016 There were totally 13,731 new companies established in the Czech Republic in H1 2016, up almost 2% (245) y/y. Entrepreneurs invested CZK 9.4bn into the new firms’ basic capital in the period, up CZK 2.1bn y/y. Totally 75% of the capital was ascribed to joint-stock companies’ equities. This stems from the statistics of consulting firm Bisnode ČR.


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