REG - Komercni Banka - KB signs referral agreement with Hello bank!

Komercni Banka asAnnouncement

28/04/2023 15:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230428:nRSb9332Xa&default-theme=true

RNS Number : 9332X  Komercni Banka  28 April 2023

 

Komercni banka, a.s. http://www.kb.cz/en (http://www.kb.cz/en)

Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07

Identification No.: 45 31 70 54

LEI Code: IYKCAVNFR8QGF00HV840

incorporated in the Commercial Register maintained with the Municipal Court in
Prague,

section B, insert 1360

Disclosed on 28 April 2023

The Information is available also at the following link:
https://www.kb.cz/en/about-the-bank (https://www.kb.cz/en/about-the-bank)

 

Regulatory information

 

Komerční banka signs referral agreement with Hello bank! on re-contracting
of Czech retail deposit costumers

 

Prague, 28 April 2023 - Komerční banka, a.s., with its registered office at
Na Příkopě 33/969, 114 07 Prague 1, registration No. 45317054, entered in
the register of companies maintained with the Metropolitan Court of Prague,
section B, file No.1360 (hereinafter also Komerční banka or the Bank),
announces that

 

Komerční banka has signed a referral agreement with BNP Paribas Personal
Finance SA (BNPP PF), on re-contracting of selected deposit customers of the
Czech franchise of BNPP PF, operating under Hello bank! brand. The referral
agreement does not concern credit products offered by Hello bank!

 

As of 26 April 2023, Hello bank! registered some 39,000 customers in the Czech
Republic, with 13,000 current accounts and 35,000 saving accounts. The total
volume of client deposits at Hello bank! amounted to CZK 1.7 billion.

 

As of 31 December 2022, Komerční banka Group was serving 2,240,000
customers. Total assets stood at CZK 1,304.1 billion and total client deposits
reached CZK 916.8 billion.

 

The referral agreement with BNPP PF is in accordance with Komerční banka's
growth and transformation strategy KB2025, announced in November 2020.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGRPPURGCUPWGCR