Another bank in trouble. Air Bank clients will not have access to internet banking

Another bank in trouble.  Air Bank clients will not have access to internet banking

The novinky.cz server pointed this out. Bank spokeswoman Jana Pokorná said that the company is solving problems intensively, but it is not yet clear how long it will take. Problems from Saturday night are also being solved by another domestic bank, Equa Bank. “We are currently facing an outage of online banking. At the same … Read more

Denied. Moneta’s shareholders did not approve the financing of the merger with the banking part of PPF

Denied.  Moneta’s shareholders did not approve the financing of the merger with the banking part of PPF

At the Extraordinary General Meeting, Moneta’s shareholders did not approve the proposed financing of the merger with the banking part of PPF, which includes Air Bank, Czech and Slovak Home Credit and Benxy, which was needed to complete the transaction. Earlier, they agreed on the intention of the merger, said Moneta spokeswoman Zuzana Filipová 61.9 … Read more

The PPF Group is now chaired by a four-member committee. Kellner’s widow also takes part in the meeting

The PPF Group is now chaired by a four-member committee.  Kellner’s widow also takes part in the meeting

The PPF financial group is led by a four-member steering committee, which was established in April, less than a month after the tragic departure of PPF owner Petr Kellner. The members are both minority shareholders of the group Ladislav Bartoníček and Jean-Pascal Duvieusart, financial director Kateřina Jirásková and lawyer Tomáš Brzobohatý. The Message List server … Read more

The end of PPF founder Kellner can complicate giant projects

The end of PPF founder Kellner can complicate giant projects

In addition, PPF is considering listing the telecommunications company Cetin. Due to recent transactions, the value of Cetin could according to Bloomberg range over 176 billion crowns. There has also been speculation in the market about the entry of the Mall Group internet group on the stock exchange. The PPF Group has a 40% stake … Read more

Czech Richest Man Killed in Helicopter Crash in USA Page all

Czech Richest Man Killed in Helicopter Crash in USA Page all

ALASKA, KOMPAS.com – The man who is crowned as the richest man in the Czech Republic, Petr Kellner, died in a helicopter crash of Alaska, United States of America (AS). The news of the billionaire’s death was said by the investment company PPF on Monday (29/3/2021). Kellner died at the age of 56. Through its … Read more

China is holding back the credit boom. It also has an impact on Home Credit

China is holding back the credit boom.  It also has an impact on Home Credit

“In China, the rapid recovery in demand and the decline in risk are somewhat overshadowed by regulators’ attempts to suppress the role of large technology and other non-banking companies in favor of banks. They achieve this by limiting their access to refinancing, which temporarily affects us as well, ”says Milan Tománek, Home Credit Group’s Director … Read more

Kellner is considering selling its stake in Cetin. The company’s valuation could climb to 176 billion

Kellner is considering selling its stake in Cetin.  The company’s valuation could climb to 176 billion

PPF is examining several options. The group has previously confirmed that it is considering Cetin’s entry on the stock exchange, according to Bloomberg, direct sale to the investor is also at stake. “They are not completely out of these reports,” Vladimír Mlynář, a member of the PPF Board of Directors, responded on Twitter. Time wishes … Read more

PPF Group fell into a loss of ten billion crowns in the first half of the year – ČT24 – Česká televize

PPF Group fell into a loss of ten billion crowns in the first half of the year – ČT24 – Česká televize

“It’s a nominally large number, but it needs to be seen in context. Last year’s profit for the entire PPF was one billion euros, and we have earned about four billion euros in the last five years. The essence lies in the fact that all this money remains in the group, it is not lost … Read more

Covid’s postponement of payments will soon end. Small creditors will be tolerant, larger ones will work

Covid’s postponement of payments will soon end.  Small creditors will be tolerant, larger ones will work

The last day of October ends the statutory moratorium, which allowed the postponement of loan repayments for up to half a year due to the coronavirus pandemic. According to estimates, non-banking and leasing companies have postponed almost one hundred thousand loans in billions of crowns. From November, however, all borrowers will have to start repaying … Read more