ČSOB Group's net profit rose by a quarter to 18.9 billion crowns in 2024

In a press release on Thursday, Československá obchodní banka (ČSOB), which is among the largest domestic banks in Czechia, announced that the net profit of the ČSOB Group rose by a quarter to 18.9 billion crowns last year, and the volume of assets under the banking group’s management increased by 14% to 412 billion crowns.

ČSOB's operating income increased to 45.1 billion crowns last year, 9% higher than in 2023. The total volume of loans reached 979 billion crowns. Total deposits increased to 1.37 trillion crowns. ČSOB is part of the international banking and insurance group KBC, which is active in Belgium and across Central and Eastern Europe.