Komercni banka’s Strong Growth Amid Transformation Efforts

Komercni banka, a.s. (KMERF) has released an update.

Komercni banka reported a notable increase in clients and assets under management in the first nine months of 2024, driven by a successful transformation and expansion strategy. The bank’s lending to customers rose by 3.7% and deposits grew by 3.4%, while its digital banking initiative, KB+, saw significant uptake. Despite a slight decline in total revenues, the bank’s net profit increased by 1.5% year on year, supported by strategic gains and a resilient loan portfolio.

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