The bank PPF Banka reported net after-tax profit totalling CZK 714m for H1 2016. CEO Petr Jirásko has stated that return on equity reached almost 20%. Loans to clients totalled CZK 23.2bn in the monitored period. Net interest yields grew 7% y/y. Capital adequacy grew 3.7 p.p. to 18.5%. The bank’s efficiency, monitored by the cost/income ratio, was under 30%.
