Brief: Moneta Money Bank Estimates Impact of Minimum Reserves Remuneration Change

Moneta Money Bank, A.s

08/09/2023 15:16

Sept 8 (Reuters) - Moneta Money Bank as  MONET.PR :
    * MONETA MONEY BANK:  ANNOUNCES THE IMPACT ON NET INTEREST
INCOME
RESULTING FROM THE CZECH NATIONAL BANK'S DECISION TO DISCONTINUE
REMUNERATION OF MANDATORY MINIMUM RESERVES
    * MONETA MONEY BANK: ESTIMATES CHANGE WILL RESULT IN A
DECREASE IN
INTEREST INCOME OF APPROXIMATELY CZK 120 MILLION IN 2023 AND
APPROXIMATELY CZK 450 MILLION IN 2024

Source text for Eikon:  ID: 
Further company coverage:  MONET.PR 

 (Reporting By Jason Hovet)
 ((jason.hovet@thomsonreuters.com;))