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Tag Archives: Komercni Banka expects weaker lending in 2017 as competition builds

Komercni Banka expects weaker lending in 2017 as competition builds

PRAGUE: Czech lender Komercni Banka cut its loan growth outlook on Friday as it faces a slowdown in business lending while market competition eats into margins. The third largest Czech bank’s attributable net profit fell by a lower-than-expected 10.6 percent to 3.53 billion crowns ($160.37 million) in the third quarter. The result was buoyed by the release of loan provisions ... Read More »