Komerční banka's and its subsidiaries' employees have contributed almost half a million crowns to the Nadace KB Jistota foundation's account intended for help to people affected by the floods. The foundation has added another two million to these gifts.

The financial gifts, which will be used for helping the municipalities affected by recent floods throughout the country, amounted to a total of CZK 492,018 at the end of the three-week fundraising. In addition, Nadace KB Jistota will provide another two million crowns. A part of the funds was promptly delivered to mayors of four southern Bohemian towns and villages that suffered damage by the floods.

Protivín, Husinec, Heřmaň and Přední Zborovice have therefore received funds for renovating houses, infrastructure and municipal property damaged by the floods. Laurent Goutard, KB CEO and Peter Palečka, KB Deputy CEO, also attended the donation ceremony together with Jaroslav Říšský, Chairman of Nadace KB Jistota Board of Trustees, and one of its Trustees, Sylva Floríková.

"Komerční banka is well aware of the massive destruction that the affected municipalities have to repair, and I would therefore like to express my appreciation of our employees' great solidarity. Councillors of these towns and villages have greatly appreciated mainly the quick help they have received from Komerční banka," said Laurent Goutard.

Support for affected municipalities will continue through Nadace KB Jistota. Financial assistance will be allocated to all parts of the country that have been damaged by the floods. “We are now discussing provision of help to other municipalities damaged by the floods," added Jaroslav Říšský.

Komerční banka is one of the best run universal banks in Central Europe. It provides comprehensive services to clients in the areas of retail, corporate, and investment banking. The Komerční banka Group's 8,930 employees serve 1,632,000 clients, who can use an extensive network of 397 points of sale throughout the country. Komerční banka currently operates 679 ATMs and more than 958,000 of its clients use one of direct banking channels.

Komerční banka is part of the Société Générale Group, one of the largest banking groups in the euro zone (in terms of market capitalisation), whose 163,000 employees serve more than 30 million individual clients worldwide.