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The number of young people and students who visited the national gallery rose by almost a half in 2016


The number of children and students who visited the National Gallery in Prague to see its displays free of charge rose by almost one half in 2016. Thanks to its cooperation with Komerční banka, they have had this opportunity since as early as April 2015. While last year some 70,000 children, young people up to 18 and students up to 26 used the opportunity of free admission last year, the figure was only 49,000 in 2015.

KB in 2016: Strong contribution to the Czech and Slovak economies, boosting efficiency and preparing for the future


Komerční banka today reported its consolidated results for the full year 2016. Total revenues were up by 2.3% to CZK 31.8 billion. This figure was influenced by an extraordinary gain from payment received in 2016 for KB’s stake in VISA Europe Ltd. When excluding this item, revenues were down by 0.8%. Operating expenditures declined by 2.3% to CZK 14.0 billion, but after adjusting for a revaluation of the buildings portfolio in 2015 they were stable (+0.7%). The cost of risk climbed to CZK 1.8 billion from the low level of the previous year (CZK 1.1 billion). The Group also booked a one-off gain of CZK 0.7 billion related to selling an interest in its subsidiary Cataps as part of creating with Worldline the KB SmartPay alliance for card acquiring and electronic payments. The reported net profit attributable to shareholders thus increased by 7.3% to CZK 13.7 billion. Recurring gross operating income (before provisions for risk expenses) was down by 2.0%. Recurring net profit1 declined by 7.0%.

Komerční banka’s new service to help firms grow


Komerční banka has started to provide services under an exceptional advisory scheme, KB Advisory Point, to its corporate clients. Working with renowned consultancies, M.C.Triton and Grant Thornton Advisory, it offers company owners and managers expert views of the operation of their companies, including suggestions of specific solutions for improving their competitiveness. Komerční banka holds the largest share of corporate banking on a long-term basis.

Payments and opening hours of KB branches at the end of 2016


On 30 December 2016, all of Komerční banka’s branches will keep their opening hours as usual. The acceptance of payment orders and deposits in accounts kept at KB is not limited. On 31 December 2016, KB branches with Saturday opening hours will be closed, with the exception of the Praha 10 – Štěrboholy branch, which will be open from 10 a.m. to 1 p.m., and the Brno – Kampus branch, which will be open from 10 a.m. to 12 noon. The branches that will be open will not provide cash services. For depositing cash, clients can use one of KB’s almost 200 deposit ATMs.


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Expected dividend payment date


Financial results of Komerční banka Group as of 31 March 2017


Date of Annual General Meeting


Record date for shareholders to be entitled to attend the General Meeting and record date for right to the dividend from the profit of 2016