Head of PR & Internal Communications
Consolidated profit rose to CZK 179 million. In 2Q 2018, Equa bank’s positive figures continued. For the first six months of the year the bank’s profit rose by 43% year-on-year and amounted to CZK 165 million. Consolidated profit almost quadrupled to CZK 179 million. In 2Q, Equa bank grew in all segments: the number of its clients increased by 21% year-on-year to 338,000, and total assets climbed to CZK 52 billion. The bank will continue to be profitable for the full year 2018.
Over the first six months of this year, Equa bank’s total assets increased by 14% year-on-year to CZK 52 billion. The total volume of loans expanded by 9% year-on-year and amounted to CZK 38 billion. The volume of deposits expanded by 12% year-on-year, and amounted to almost CZK 46 billion. Equa bank’s net profit surged 43% year-on-year to CZK 165 million. The bank had 338,000 clients, up by 21% year-on-year.