Max Banka a.s. traces its origins back to October 2014 when Landesbank Baden-Württemberg (LBBW) sold its wholly owned subsidiary, LBBW Bank CZ a.s., to Russian Expobank LLC. With this sale, LBBW additionally reduced its portfolio of equity investments, thus satisfying a further divestment requirement under its EU restructuring plan on schedule. In October 2022, Expobank CZ was sold to CREDITAS Financial Group and was renranded as Max Banka.
Max Banka offers retail banking products and services to domestic customers.
In 2022, Max banka a.s. achieved the position of 15th largest bank in the Czech Republic with a market share of 0.38%; its total assets grew by 101.89%.
Additionally, the bank became the 16th profitable bank in relation to its total assets showcasing -1.20% return on assets in 2022.
Deposits up to 100,000 EUR are covered by Czech deposit guarantee scheme in Max banka a.s.
In 2023 total assets of Max banka a.s. were 63 901,00 mln CZK. In 2023 the bank's net income was 391,00 mln CZK.
Max banka a.s. participates in the deposit guarantee scheme of the Czech Republic which applies to current accounts, deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Max banka a.s. is a member of Financial Market Guarantee System (FMGS) and makes its contributions into it.
Max banka a.s. is headquartered in Praha 4.
Max banka a.s. is authorized and supervised by the Czech National Bank.