The bank PPF Banka reported net after-tax profit of CZK 263m for Q1 2016. The results were influenced negatively by the one-off contribution into the National Resolution Fund. The balance sum grew to CZK 130bn as of the end of the period from CZK 108bn a year ago. Loans extended to clients totalled CZK 25.6bn and deposits reached CZK 94bn.
