Commercial Bank

Czechs are getting richer on common once more. Wages are rising sooner than inflation this 12 months | Presently.cz

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Czechs are getting richer on common once more. Wages are rising sooner than inflation this 12 months | Presently.cz

The typical wage within the Czech Republic grew sooner than shopper costs within the first quarter. In actual fact, wages have returned to progress after greater than two years, analysts agree. Nonetheless, they identified that the buying energy of households continues to be behind the extent earlier than the covid-19 pandemic. The Czech Statistical Workplace … Read more

Report Reveals Alleged Illegal Financial Activities of Ex-Bank Boss Martin Pucher

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Report Reveals Alleged Illegal Financial Activities of Ex-Bank Boss Martin Pucher

A report by expert Karl Hengstberger, which the “Kurier” reported on Friday, now shows how ex-bank boss Martin Pucher pumped millions of euros into Florianihof Betriebs GmbH and SV-Mattersburg Gastronomiebetriebs GmbH (SVM Gastro). According to the “Kurier” report, Pucher’s cash handovers to the managing director of Florianihof Betriebs GmbH began in 2010 because the latter … Read more

Komerční Banka Sells Prestigious Address Building: Details Revealed

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Komerční Banka Sells Prestigious Address Building: Details Revealed

Komerční banka is selling its building at a prestigious address. Václavské náměstí 42. The information about the sale of the building, which the editorial office of newstream.cz had, was confirmed by the director of Knight Frank, Zdenka Klapalová. She did not want to comment on the price of the transaction. The sale of the building … Read more

The Surging Strength of the US Dollar: A Lucrative Opportunity for Czech Investors

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The Surging Strength of the US Dollar: A Lucrative Opportunity for Czech Investors

In the last few months, a Czech investor could use one completely trivial tactic to get money: Simply exchanging crowns for US dollars at the nearest exchange office was able to earn him almost ten percent since mid-July. That’s how much the dollar overtook the Czech currency in just three months. And so far there … Read more

Banks in Indonesia Strengthen Consumer Credit with Promotional Programs: CIMB Niaga Offers Travel Promos for Credit Card Owners

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Banks in Indonesia Strengthen Consumer Credit with Promotional Programs: CIMB Niaga Offers Travel Promos for Credit Card Owners

Bisnis.comJAKARTA – A number of banks such as PT CIMB Niaga Bank Tbk. (BNGA) to PT Bank Central Asia Tbk. (BBCA) is stretching to boost credit the consumer this year through various strategies. This type of credit is also expected to be successful until the end of the year. CIMB Niaga, for example, is boosting … Read more

Crypto Business Challenges with Czech Banks: CoinBank Project Defies the Odds

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Crypto Business Challenges with Czech Banks: CoinBank Project Defies the Odds

Crypto business is not very well understood by banks in the Czech Republic. All major domestic cryptocurrency exchanges and exchanges have had their accounts terminated. Yet there is a virtual currency “exchange” that has avoided this. The CoinBank project was co-founded by Jindřich Patera, who once worked as a programmer at Fio Bank. At the … Read more

Shared ATM Network: Deposit Money at Komerční banka, Moneta Money Bank, Air Bank, and UniCredit Bank

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Shared ATM Network: Deposit Money at Komerční banka, Moneta Money Bank, Air Bank, and UniCredit Bank

From the beginning of 2024, clients of Komerční banka, Moneta Money Bank, Air Bank and UniCredit Bank will gradually be able to deposit money in the shared ATM network under the same conditions as at their own bank’s facilities. The banks announced this in a joint statement on Thursday. This is the next step in … Read more

Overview of the PX Index and Recent Value Trends on the Prague Stock Exchange

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Overview of the PX Index and Recent Value Trends on the Prague Stock Exchange

PX Index Falls for Fourth Consecutive Day on Prague Stock Exchange The Prague Stock Exchange experienced its fourth consecutive day of decline as the PX index fell by 0.14 percent to 1303.05 points. The drop was primarily driven by the shares of banking groups Erste and Komerční banka. However, the decline was partially offset by … Read more

Monetary Policy Committee Raises Policy Rate to Support Economy and Boosts Commercial Bank Profits for 2023

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Monetary Policy Committee Raises Policy Rate to Support Economy and Boosts Commercial Bank Profits for 2023

The MPC raised the policy rate by 0.25% to 2.00% supporting the economy. and travel The broker assesses a positive effect on the profits of the commercial banking group. Ready to reveal the projection for the year 2023 Rising interest rates are not over yet, pushing the MPC to 2.25% at the end of the … Read more