Czech,Slovak UniCredit Bank's net profit up 21% to CZK 8.22 billion in 2022

Czech and Slovak UniCredit Bank posted a net profit of CZK 8.22 billion (EUR 341 million) in the year, up 21 percent year-on-year. This is according to information published today by the bank's parent company. Other banks in the Czech Republic have not yet published last year's results.

UniCredit Bank's deposit volume rose 10.5 percent year-on-year to CZK 500 billion last year. The volume of loans increased 10.9 percent to CZK 516 billion, according to the announcement.

UniCredit Bank started operations in the Czech market in November 2007. It was formed by the integration of HVB Bank and Živnostenská banka. UniCredit Bank has more than 880,000 customers in the Czech Republic and Slovakia.

Source: UniCredit Bank and CTK