COMMERZBANK AG, pobočka Praha

Founded in 1870, Commerzbank is an international commercial bank with branches and offices in more than 50 countries. The core markets of Commerzbank are Germany and Poland. Commerzbank offers its products and services to private and corporate clients, as well as institutional investors. COMMERZBANK AG, pobočka Praha operates as a branch of COMMERZBANK AG (Germany).

Bank Category

Branches of foreign banks

Financials

Total Assets (2016)
41 483.00 mln CZK  (+26.51%)
Net Income (2016)
386.00 mln CZK  (+19.50%)

In 2016 total assets of COMMERZBANK AG, pobočka Praha were 41 483,00 mln CZK. In 2016 the bank's net income was 386,00 mln CZK.

COMMERZBANK AG, pobočka Praha participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Jugoslávská 934/1, 120 21, Praha 2, Czech Republic

COMMERZBANK AG, pobočka Praha is located in Praha 2.

Bank Identifiers

MFI ID
CZ47610921

Financial Positions

Total Assets (2016)
41 483.00 mln CZK  (+26.51%)

In 2016 total assets of COMMERZBANK AG, pobočka Praha were 41 483.00 mln CZK. Growth compared to the previous period (2015) was 26.51%. The evolution of the total assets of COMMERZBANK AG, pobočka Praha is shown at Chart 1 below.

Total Assets of COMMERZBANK AG, pobočka Praha.

Chart 1. Total Assets of COMMERZBANK AG, pobočka Praha.

Recent changes in total assets of COMMERZBANK AG, pobočka Praha and its main components are shown in Table 1.

2015 2016 % change
Cash and deposits with Central Banks 115.0 1 782.0 +1 449.57%
Loans to banks 14 839.0 22 087.0 +48.84%
Loans to customers 17 423.0 17 157.0 -1.53%
Bonds and other fixed-income securities 0.0 0.0 0.00%
Total Assets 32 790.0 41 483.0 +26.51%
Table 1. Recent changes in total assets of COMMERZBANK AG, pobočka Praha (mln CZK).

Recent changes in total liabilities of COMMERZBANK AG, pobočka Praha and its main components are shown in Table 2.

2015 2016 % change
Bank deposits 20 639.0 27 412.0 +32.82%
Customer deposits 11 177.0 12 977.0 +16.10%
Total Liabilities 32 790.0 41 483.0 +26.51%
Table 2. Recent changes in total liabilities of COMMERZBANK AG, pobočka Praha (mln CZK).

Profit and Loss

Net Income (2016)
386.00 mln CZK  (+19.50%)

Recent changes in gross profit of COMMERZBANK AG, pobočka Praha and its main components are shown in Table 3.

2015 2016 % change
Interest Income 475.0 521.0 +9.68%
Interest Charges -46.0 -52.0 +13.04%
Net Interest Income 429.0 469.0 +9.32%
Net Commission Income 240.0 248.0 +3.33%
Table 3. Recent changes in gross profit of COMMERZBANK AG, pobočka Praha (mln CZK).

In 2016 net income of COMMERZBANK AG, pobočka Praha was 386.00 mln CZK. Growth compared to the previous period (2015) was 19.50%. The evolution of the net income of COMMERZBANK AG, pobočka Praha is shown at Chart 2 below.

Net Income of COMMERZBANK AG, pobočka Praha.

Chart 2. Net Income of COMMERZBANK AG, pobočka Praha.

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of foreign banks operating in the Czech Republic participate in deposit guarantee schemes of their home countries. This means that COMMERZBANK AG, pobočka Praha participates in the deposit guarantee scheme of Germany.

In the case of COMMERZBANK AG, pobočka Praha failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of COMMERZBANK AG, pobočka Praha is shown in the table below.

MFI ID  CZ47610921

European Presence: 16 banks in 14 countries

COMMERZBANK AG, pobočka Praha operates under the brand name Commerzbank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

Cayman Islands

Czech Republic

  •  (this bank) COMMERZBANK AG, pobočka Praha (Praha 2)

France

Germany

Hungary

Italy

Luxembourg

Netherlands

Slovakia

Spain

Switzerland

United Kingdom