PPF banka’s results for the first quarter of 2016
Summary of results for January to March 2016:
- Net profit after tax amounted to CZK 263 million for 1Q 2016. The drop compared to the same period in 2015 is mainly due to a one-off contribution to the Resolution Fund.
- Total assets grew from CZK 108 billion at the end of March 2015 to CZK 130 billion as at 31 March 2016.
- Loans to clients and client deposits amounted to CZK 24.6 billion and CZK 87.9 billion respectively as at 31 March 2016.
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