Annual Reports Agreement

In accordance with the Terms of Use of these websites it is forbidden to use the photographs contained in the Annual Reports posted on the websites for any purposes other than for exclusively personal and non-commercial use and to duplicate, alter, modify, rearrange or otherwise tamper with the photographs contained in the Annual Reports and disseminate any such altered, modified, rearranged or otherwise affected photographs. You may retrieve and display the content of the Annual Reports including photographs on a computer or mobile telephone screen, print individual pages on paper (but not photocopy them) and store such pages in electronic form on disk or on your mobile telephone (but not on any server or other storage device connected to for your personal, non-commercial use only.)

Do you agree with the above stated terms of use of the Annual Reports?

Yes   No

Downloading

    Air Bank continues to generate profits in first quarter 2015
    05/18/2015

    Unaudited results of Air Bank a.s., on a separate basis as at 31 March 2015 under IFRS:

    Having posted a profit for the first time last year, Air Bank continues to successfully build momentum this year. posting a net profit of CZK 129 million in the first quarter of 2015. The number of Air Bank’s clients also continued to increase rapidly as did the amount of deposits and loans.

    “We are reaping the fruits of our philosophy of providing retail banking services based on simplicity, clarity and good quality customer service. In addition, unexpected revenue from the revaluation of our financial assets helped us in the first quarter. As a result we expect an even higher profit for the full year than the figure we posted last year”, says Michal Strcula, Air Bank’s CEO.

    At the end of March 2015, the number of clients increased by 42 percent year-on-year to 343,000. The number of current accounts opened increased by 59 percent to 306,000 and the number of savings accounts increased by 31 percent to 232,000.

    The amount of deposits increased by 22 percent year-on-year to CZK 57.6 billion and the size of the net credit portfolio grew by 10 percent to 25.6 billion crowns.

    Air Bank’s total assets grew by 24 percent year-on-year to CZK 65.1 billion. The bank’s equity increased by 16 percent to CZK 4.8 billion.

    Back to Press Releases