January 21, 2017 10:04 AM ET

Banks

Company Overview of J&T BANKA, a.s.

Company Overview

J & T BANKA, a.s. provides investment, corporate, and retail banking services in the Czech Republic, Slovakia, Croatia, and Russia. The company operates through Financial Markets, Corporate Banking, Private Banking, and Retail Banking segments. It offers current accounts, term deposits, notice deposits, and subordinated deposits; and project financing, bridge loans, syndicated loans, and note or bond issues; and payment cards. The company also provides investment products, such as mutual funds and bonds; and asset management, investment securities trading, and advisory services. In addition, it is involved in real estate and hospitality activities. The company was incorporated in 1992 and is...

Pobrežní 14

Prague 8

Prague,  186 00

Czech Republic

Founded in 1992

Phone:

420 2 2171 0111

Fax:

420 2 2171 0211

Key Executives for J&T BANKA, a.s.

Chief Executive Officer, Executive Director and Member of Asset & Liability Committee
Co- Founder, Chairman and Director of Financial Markets Department
Age: 43
Vice-President and Head of Private Banking in Russia
Age: 40
Head of Legal Service of Group J&T in Russia
Head of IS & IT -Interfaces Department
Compensation as of Fiscal Year 2016.

J&T BANKA, a.s. Key Developments

J&T Banka, A.S. Announces Tomas Klimicek as New Member of the Board of Directors

J & T BANKA, a.s. has announced that Tomas Klimicek, current director of the credit risk management department, became a new member of the board of directors of the company.

J&T Banka Announces Earnings Results for the Year 2015

J&T Banka announced earnings results for the year 2015. For the year, the company saw its net profit grow by 39% to CZK 1.733 billion last year. A 10% growth in the net interest income to CZK 2.894 billion.

GE Seeks IPO Of Banking Unit

General Electric Company (NYSE:GE) plans to sell most of its Czech banking unit in an initial public offering. GE seeks to complete the offering of shares in GE Money Bank, AS this quarter, the unit’s Chief Executive Officer Tomas Spurny said in a phone interview. The transaction may value the lender between CZK 34 billion ($1.4 billion) and CZK 46 billion, according to J&T BANKA, a.s. GE is divesting the unit as part of a year-old plan to sell most of its financial assets worldwide and focus on its industrial business. After it floats GE Money Bank, subject to market conditions and regulatory approvals, GE will keep a “significant” minority stake for 180 days or longer and will support the lender for at least two years, Tomas Spurny said. “The IPO has been evaluated as the most favorable option,” Tomas Spurny said. “As a local Czech bank, we will continue to be successful.

Similar Private Companies By Industry

Company Name Region
Ceská exportní banka, a.s. Europe
Ceskomoravska Zarucni A Rozvojova Banka, AS Europe
Equa bank a.s. Europe
ERB bank, a.s. Europe
Prvni Cesko-Ruska Banka Europe

Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 27, 2016
Vaba d.d. banka
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact J&T BANKA, a.s., please visit www.jtbank.cz. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.