Komerční banka, a. s.

Komercni Banka is a universal commercial bank, offering a broad range of retail, private, corporate and investment banking products and services to natural persons, SMEs and other business entities.

Financials

Total Assets (2016)
922.74 bln CZK  (+3.50%)
Net Income (2016)
13 688.00 mln CZK  (+7.29%)

In 2016 total assets of Komerční banka, a. s. were 922,74 bln CZK. In 2016 the bank's net income was 13 688,00 mln CZK.

Komerční banka, a. s. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Komerční banka, a. s. participates in deposit guarantee scheme of the Czech Republic. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Na Příkopě 33 čp. 969, 114 07, Praha 1, Czech Republic

Komerční banka, a. s. is headquartered in Praha 1.

Bank Identifiers

MFI ID
CZ45317054

Financial Positions

Total Assets (2016)
922.74 bln CZK  (+3.50%)
Total Equity (2016)
105.40 bln CZK  (-0.78%)

In 2016 total assets of Komerční banka, a. s. were 922.74 bln CZK. Growth compared to the previous period (2015) was 3.50%. The evolution of the total assets of Komerční banka, a. s. is shown at Chart 1 below.

Total Assets of Komerční banka, a. s..

Chart 1. Total Assets of Komerční banka, a. s..

Recent changes in total assets of Komerční banka, a. s. and its main components are shown in Table 1.

2015 2016 % change
Cash and deposits with Central Banks 128.3 112.2 -12.54%
Available for sale financial assets 41.9 39.4 -5.84%
Loans to banks 47.8 51.8 +8.31%
Loans to customers 532.6 580.2 +8.93%
Total Assets 891.6 922.7 +3.50%
Table 1. Recent changes in total assets of Komerční banka, a. s. (bln CZK).

Recent changes in total liabilities of Komerční banka, a. s. and its main components are shown in Table 2.

2015 2016 % change
Customer deposits 666.4 699.4 +4.95%
Bank deposits 56.2 54.1 -3.75%
Total Liabilities 891.6 922.7 +3.50%
Table 2. Recent changes in total liabilities of Komerční banka, a. s. (bln CZK).

Profit and Loss

Operating Income (2016)
31 750.00 mln CZK  (+5.37%)
Net Income (2016)
13 688.00 mln CZK  (+7.29%)

Recent changes in gross profit of Komerční banka, a. s. and its main components are shown in Table 3.

2015 2016 % change
Interest Income 28 622.0 26 757.0 -6.52%
Interest Charges -8 168.0 -5 692.0 -30.31%
Net Interest Income 20 456.0 21 067.0 +2.99%
Net Commission Income 6 956.0 6 683.0 -3.92%
Table 3. Recent changes in gross profit of Komerční banka, a. s. (mln CZK).

In 2016 net income of Komerční banka, a. s. was 13 688.00 mln CZK. Growth compared to the previous period (2015) was 7.29%. The evolution of the net income of Komerční banka, a. s. is shown at Chart 2 below.

Net Income of Komerční banka, a. s..

Chart 2. Net Income of Komerční banka, a. s..

Credit Ratings (as of May 2018)

Fitch Moody's
A- (high credit quality) A2 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Komerční banka, a. s. is rated by Fitch and Moody's.

Credit ratings assigned to Komerční banka, a. s. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Komerční banka, a. s. it is set to A- (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Komerční banka, a. s. is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  a-
Support Rating  1
Support Rating Floor  -

Viability rating for Komerční banka, a. s. is set to a- (high fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is not set.

Moody's

Long-term rating for Komerční banka, a. s. it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Baseline credit assessment is baa1. Short-term rating is not assigned.

Long-Term Rating  A2
Long-Term Bank Deposit Rating  A2
Baseline Credit Assessment  baa1
Short-Term Rating  -
Outlook  positive

Outlook for the ratings of Komerční banka, a. s. is set to positive (may be raised).

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 credit institutions operating in the Czech Republic are obliged to participate in Czech deposit guarantee scheme.

In the case of Komerční banka, a. s. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  current accounts, savings accounts, term accounts, deposit accounts, saving books
Covered Currencies  all (Czech crowns and foreign currencies)
Maximum Protected Amount  100 000 EUR
Paid In Currency  CZK

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 Komerční banka, a. s. is shown in the table below.

MFI ID  CZ45317054

European Presence: 2 banks in 2 countries

Komerční banka, a. s. operates under the brand name Komercni Banka. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Czech Republic

  •  (this bank) Komerční banka, a. s. (Praha 1)

Slovakia

Banking Products in the Czech Republic