The bank progressed in its continued effort to consolidate J&T’s entire private and investment banking activities, which started late last year by the inclusion of J&T BANKA MOSCOW as a subsidiary company in its bank structure.
Go deeper with GlobalData
"We presently consider Russia as one of our key regions; therefore, we have been preparing for a significant expansion and growth there. In view of the globally weakening demand of investors for private services in Switzerland and the low benefit that the Zurich bank has in the long run brought to our clients, we have resolved to terminate our activity there and, instead, concentrate on developing the services of our bank in Barbados. This stable and transparent banking center also allows us to access the Latin American markets," t?pán Aer, Chief Executive Officer of J&T Banka, observes on the bank’s activities over the past six months.
Compared to last year, we also saw a 42% rise in the volume of Loans to Clients to more than CZK 38 billion. In the period under review, Client Deposits increased by 26% to CZK 60 billion. As of June 30, 2012, the Capital Adequacy ratio was at 11.2%
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
