Komerční banka has launched an Investment Calculator on its website. The application, which is available for the public at www.kb.cz, will help consumers avoid the basic mistakes in their savings and investment. In terms of its comprehensive nature, KB's Investment Calculator is a unique application on the Czech web.

Approximately 90% of the deposits kept in Komerční banka are due and payable in one year or less. According to available information, clients could, however, use instruments with a longer investment horizon, thereby frequently obtaining appreciably higher returns. Moreover, many clients save or invest money without having the basic knowledge of how to spread risks, without any specific targets or without being aware of particular investment products.

Komerční banka is therefore the very first bank on the Czech market to launch an Investment Calculator on its website – a simple application that suggests, upon entering the key input data, a portfolio of investment and saving products that respect the client's risk appetite, financial possibilities, and investment horizon. The Investment Calculator is also capable of taking into account whether the person entering the data is already using any instruments, and to what extent.

The suggestion generated by the Investment Calculator contains a list of both one-off and regular investments suitable for the client on the basis of the data and parameters that the client has entered. The Investment Calculator selects suitable investments from a broad range of investment and saving products offered by KB. The application also helps the client to calculate the volume of funds that he will save within different time horizons or, for example, before retiring. The suggestion of investment products generated by the Investment Calculator also takes the maximum possible account of available benefits such as government contributions or various tax breaks.

"The Investment Calculator supplies visitors of www.kb.cz with the initial suggestion of the way they should structure their portfolio of savings and investments. However, it cannot replace the role of an experienced investment adviser, who supplements the suggestion with the important opinion of an experienced expert," said Radko Belada, head of Retail Marketing at KB.

This is why the client can leave his telephone number directly in the Investment Calculator application, at which a relationship manager will contact the client and arrange a meeting with him; at the meeting, they will discuss the whole financial plan in person, and adjust the plan on the basis of additional detailed information.

KB's Investment Calculator is available for the public at www.kb.cz. The bank's clients, and also other consumers, can therefore compare their investments with KB's suggestion, and possibly change them.

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 8,815 employees serve more than 2.7 million clients, who can use an extensive network of 398 points of sale throughout the country. Komerční banka currently operates 685 ATMs and more than 984,000 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.