Komercní banka, a.s. Stock

Komercní banka, a.s., together with its subsidiaries, provides a range of services in retail, corporate, and investment banking. The company operates as a subsidiary of Societe Generale S.A.

The company provides additional specialized financial services, such as pension savings and building society schemes, leasing, factoring, consumer lending, insurance and fintech services. These are accessible through the company's branch network, its direct banking channels, the subsidiaries' own sales networks or networks of the business partners.

The company also provides services in the Slovak Republic through its branch focused on serving corporate clients, as well as through selected subsidiaries.

The principal activities of the company are financial services include loans, advances, and guarantees in Czech crowns and foreign currencies; acceptance and placement of deposits in Czech crowns and foreign currencies; current and term deposit accounts in Czech crowns and foreign currencies; banking services through an extensive branch network in the Czech Republic; treasury operations in the interbank market; foreign trade transactions; and investment banking.

The business activities of the company shall include acceptance of deposits from the public; granting of loans; investing in securities on the company's own account; financial leasing; making and receiving payments and administration of a clearing system; issuing of payment instruments, such as payment cards and traveller's cheques; provision of guarantees; issuing of letters of credit; provision of collection services; dealing on the company's own account or on the client's account in foreign currencies and gold; financial brokerage; foreign exchange operations (purchase of foreign currency); provision of depository services; provision of banking information; renting of safe-deposit boxes; issuing of mortgage bonds; and activities directly related to those mentioned in paragraphs.

It also includes investment services, such as main investment services of reception and transmission, on behalf of investors, of orders in relation to investment instruments; main investment services of execution of orders on behalf of investors in relation to investment instruments; main investment services of dealing in investment instruments for the company's own account in relation to investment instruments; main investment services of managing portfolios of investments in accordance with mandates given by investors on a discriminatory, client-by-client basis where such portfolios include one or more investment instruments; main investment services of underwriting in respect of issues of investment instruments and/or the placing of such issues in relation to investment instruments; ancillary services of safekeeping and administration in relation to investment instruments; ancillary services of safe custody; ancillary services of granting credits or loans to an investor for the purpose of allowing the investor to carry out a transaction in one or more investment instruments wherein the firm granting the credit or loan is involved in the transaction in relation to the investment instrument; ancillary services of advice to undertakings on capital structure, industrial strategy and related matters, and advice and service relating to mergers and the purchase of undertakings; ancillary services of services related to underwriting in relation to investment instruments; ancillary services of investment advice concerning investment instruments in relation to investment instruments; and ancillary services of foreign-exchange service where these are connected with the provision of investment services.

Segments

The company operates through Retail Banking, Corporate Banking, Investment Banking, and Other segments.

Retail Banking

This segment includes the provision of products and services to individuals (i.e. predominantly current and savings accounts, term deposits, building savings, pension insurance, overdrafts, credit card loans, personal loans, and mortgages).

This segment includes Modrá pyramida stavební sporitelna a.s.; KB Penzijní spolecnost, a.s.; ESSOX s.r.o., and Komercní pojištovna, a.s., as well as some activities of SGEF SA; and Factoring KB, a.s.

Retail Banking services are provided primarily through direct banking channels, including contact centres, within a network of branches, or through partnerships with third-party independent sales agents.

Corporate Banking

This segment includes the provision of products and services to corporate entities (i.e. current accounts, term deposits, revolving loans, business loans, mortgages, leases, foreign currency and derivative products, syndicated and export financing, and guarantee transactions).

Corporate Banking services are provided through direct banking channels, a network of Corporate Centres, and banking advisors. This segment includes most activities of SGEF SA and Factoring KB, a.s.

Investment Banking

This segment involves trading in financial instruments.

Other

This segment includes the head office of the company.

Distribution and Client Service Model

The company is developing a multi-channel distribution model. Subsidiaries sell their services through the distribution network of the company, and some also have their own networks. Digital banking is an integral part of the multi-channel distribution model, and the company intends to reinforce its leadership position on the Czech market in digital banking.

Trademarks, Licences and Sub-Licences

The company registered with the Czech Industrial Property Office a total number of 191 trademarks. It provides some of its subsidiaries with licences for its trademarks. In some cases, the company is also a licensee and sub-licensee, typically from providers of IT services.

History

Komercní banka, a.s. was founded in 1990.