MONETA Money Bank, a.s. Reports Earnings Results for the Nine Months Ended September 30, 2023
October 25, 2023 at 10:00 pm EDT
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MONETA Money Bank, a.s. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported net interest income was CZK 6,398 million compared to CZK 7,211 million a year ago. Net income was CZK 3,972 million compared to CZK 4,123 million a year ago.
Moneta Money Bank a.s. is one of the leading financial services groups in the Czech Republic. Net sales break down by activity as follows:
- retail banking (64.2%): sales of conventional banking products and services to induviduals (current account management, consumer credit, sale of savings contracts, mortgages, car loans, home loans, leasing, credit card issuance, etc.);
- commercial banking (29.6%): sales of banking products and services to small and medium enterprises, financial and public institutions (asset funding, investments and projects, leasing, management of vehicle fleets, industrial equipment funding, etc.);
- other (6.2%): primarily investment banking and bancassurance.
At the end of 2021, the group managed CZK 285.1 billion in courrent deposits and CZK 255.6 billion in current loans.
The products and services are marketed through a network of 154 branches located in the Czech Republic.
MONETA MONEY BANK, 
