The average wage in the Czech Republic increased by 7.9 percent year-on-year to 43,412 crowns in the fourth quarter of last year. However, after accounting for inflation, which reached 15.7 percent in the same period, wages decreased by 6.7 percent in real terms. It thus fell for the fifth quarter in a row, by 7.5 … Read more
Ms. Suwannee Jesadasak Assistant Governor Financial Institutions Supervision Division 1, Bank of Thailand (BOT) revealed an overview of the commercial banking system in 2022 that commercial banking system credit in 2022 grew by 2.1%, decelerating from the previous year. from debt repayment of large corporate, public sector and soft loan, as well as the transfer … Read more
The tax on extraordinary profits, or the war tax, applies to the largest banks and energy companies. The government of Petr Fiala (ODS) promises up to 120 billion kroner in addition to this year’s budget. However, Moneta complains that because of the tax, he will have to radically limit investment plans and also get rid … Read more
As internet-only banks recently raised the interest rate for parking accounts, savings banks are also raising interest rates for parking accounts to attract short-term funds. As interest rates on commercial bank deposits rose, the attractiveness of parked passbooks seemed to diminish. ▷Related article: Getting out of the ‘parking account’… Competition in the bank and savings … Read more
September 30, 2022 at 3:49 pm boulevard Dusseldorf : Demolition show on the Königsallee – 22 images The Commerzbank on the Kö in Düsseldorf is demolished Photo: Bretz, Andreas (April) – – Dusseldorf Excavators are demolishing a large part of the Commerzbank in central Düsseldorf, half of the facade on the Kö has already disappeared. … Read more
At the request of Komerční banka and Moneta Money Banka regarding the sharing of the ATM network in June, at least two other banks are already hearing. Air Bank is interested and admits to it officially. The second, UniCredit Bank, is waiting for the results of the behind-the-scenes negotiations and does not want to confirm … Read more
The company Česká energetická a plynárenská announced on its website that it is no longer able to supply gas and electricity to its customers. She said that the reason was not fluctuations in energy prices, but the end of the partner company Manta Commodities SE, which ensured supply deviations. She announced the end of her … Read more
Last year, Komerční banka’s net profit rose by 56 percent to 12.7 billion crowns, and will share it with shareholders. The Board of Directors proposes a dividend of CZK 43.80 per share, for a total of CZK 8.3 billion. The bank will decide on the retained dividends from the covid years only in the second … Read more
At the same time as purchasing electric cars, the bank decided to build 170 new charging stations in Prague and other regions. “Cars with a battery capacity of 62 kW will be distributed taking into account the production capacities of the Mladá Boleslav plant and the speed of installation of charging stations,” Komerční banka said … Read more
The koruna is significantly helped by the monetary policy of the Czech National Bank, whose bank board has surprisingly sharply raised its key interest rate to 3.75 percent in response to strong inflationary pressures in recent months. This was the last percentage point just before Christmas. The two-week repo rate, from which interest rates on … Read more