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Česká Spořitelna’s net profit totalled CZK 11.1bn in 9M

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Česká Spořitelna (ČS) posted unaudited IFRS-compliant consolidated net profit totalling CZK 11.1bn for the first nine months of 2015, down 0.8% y/y. Gross customer loans grew 6.2% to CZK 706.1bn. Česká Spořitelna Group’s capital adequacy totalled 18.8%. ČS’ board of directors chairman Pavel Kysilka has stated that mortgage sales increased significantly, loans to corporate clients and communal sphere were successful and real estate financing was growing.

Source: www.cianews.cz

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