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

    PPF banka increases profit again in third quarter
    11/24/2014

    “Over the first three quarters of 2014, we achieved net profit of CZK 657 million, an increase of 3% year-on-year. The volume of provided loans also grew at the same rate compared with the same period last year, while the balance sheet total and capital adequacy remained stable.”
    Petr Jirásko, Chief Executive Officer

    Highlights of the results for 3Q 2014:

    • Net profit after tax for the first three quarters of 2014 was CZK 657 million on a cumulative basis, a CZK 20 million increase from 2013 on a comparable basis. Net profit after tax for the third quarter (3Q) of 2014 was CZK 133 million.
    • The balance sheet total increased 8% year-on-year to CZK 113 billion as at 30 September 2014.
    • Loans to customers increased 3% year-on-year to CZK 32 billion as at 30 September 2014, with volumes 3% higher than at the end of 2013.
    • Overall capital adequacy stood at 12.9% on 30 September 2014, rising 1.2 pp compared with the end of 2013.
    • The main source of financing continued to be liabilities to customers, which rose 10% compared with year-end 2013 to CZK 96 billion as at 30 September 2014 and accounted for 85% of the balance sheet total.


    PPF banka is part of the PPF international investment group. PPF Group N.V. holds 92.96% of the Bank’s stock, and the City of Prague holds 6.73%.

    Back to Press Releases

    This website uses cookies; by continuing to use this page, you consent to their use. You can read more about cookies here: About cookies

    I understand