CNB: Banking sector’s profit up to CZK 31bn in H1

Published: 01.10.2021 Related countries:  South Africa South Africa

CNB: Banking sector’s profit up to CZK 31bn in H1

Banks operating in the Czech Republic reported a profit after tax of CZK 31.06 billion for the current financial year as of June 30, 2021. A year earlier, it was CZK 26.57bn. Profit from financial and operating activities amounted to CZK 87.52bn (H1 2020: CZK 95.12bn). Interest income reached CZK 81.46bn and fee and commission income was CZK 22.93bn. This is based on the statistics of the Czech National Bank (CNB). The number of banks and branches of foreign banks operating on the domestic market fell by two entities year-on-year to 47. Their total assets increased to CZK 8.75tn from CZK 8.38tn.



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