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UniCredit Bank CR and SK’s profit up to CZK 5.64bn

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UniCredit Bank Czech Republic and Slovakia generated preliminary consolidated net profit totalling CZK 5.64bn in 2015, up 14.8% y/y. Client deposits soared 10.8% to CZK 363.98bn. Extended loans grew 3.5% to CZK 351.54bn. The bank´s consolidated capital adequacy totalled 14.65%. According to general director and board of directors chairman Jiří Kunert, the bank will focus in 2016 on the development of electronic distribution channels.

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