About the ČSOB Group
ČSOB is a wholly-owned subsidiary of KBC Bank NV, whose shares are held (directly or indirectly) by KBC Group NV. Both companies are domiciled in Brussels, Belgium.
Československá obchodní banka, a. s. (ČSOB), is a universal bank in the Czech Republic. ČSOB was established by the State in 1964 as a bank for providing services in the field of foreign trade financing and convertible currency operations in the then Czechoslovak market. It was privatised in 1999 – KBC Bank, which is a 100% subsidiary of an integrated bank-insurance group KBC Group, became the majority shareholder (since 2007 the sole shareholder). In June 2000, ČSOB took over the bank Investiční a poštovní banka (IPB). Until the end of 2007, ČSOB was active in the Czech and Slovak markets; the Slovak branch of ČSOB was transformed into an independent legal entity on 1 January 2008. Effective as of 1 January 2013, KBC Group has organized its core markets activities into three business units – Belgium, Czech Republic (includes all KBC business activities in the Czech Republic) and International Markets.
ČSOB provides its services to all groups of clients, i.e. retail (individuals) as well as SME, corporate and institutional clients. In retail banking in the Czech Republic , ČSOB is operating under main recognized brands – ČSOB (branches) and ČSOB Poštovní spořitelna (Postal Savings Bank; branches and outlets of the Czech Post network).
ČSOB offers to its clients a wide range of banking products and services, including the products and services of the entire ČSOB group.
The ČSOB group consists of the Bank (ČSOB) and entities related with the Bank. ČSOB’s financial group includes strategic companies in the Czech Republic controlled directly or indirectly by ČSOB, or KBC, which offer financial services, namely Hypoteční banka, ČSOB Pojišťovna, ČSOB Stavební spořitelna, ČSOB Penzijní společnost, ČSOB Leasing, ČSOB Factoring and Patria Finance.
The product portfolio of the ČSOB group (the Business Unit Czech Republic) includes next to standard banking services:
- financing housing needs (mortgages and building savings loans),
- insurance products,
- pension funds,
- collective investment products and asset management,
- specialized services (leasing and factoring),
- services related to trading equities on financial markets.
The ČSOB group builds a strong, long-term partnership with each of its clients, whether in personal and family finance, financing SME or corporate finance. The ČSOB group is a good listener who offers them the best solutions rather than mere products.
General Information
| Business name | Československá obchodní banka, a. s. |
| Registered office | Radlická 333/150, Praha 5, Postal Code 150 57, Czech Republic |
| Legal form | Joint-stock company |
| Registration | Registered in the Commercial Registry of the City Court in Prague, Section B XXXVI, Entry 46 and further registered in the unified register of regulated entities maintained by the Czech National Bank, included in the list of regulated and registered financial market entities at www.cnb.cz |
| Registered capital | CZK 5,855,000,040 (paid up 100 %) |
| Business activities | Bank |
| ID No. | 00001350 |
| Tax registr. No. | CZ699000761 (for VAT) |
| CZ00001350 (for other taxes) | |
| Bank code | 0300 |
| SWIFT | CEKOCZPP |
| Data box | 8qvdk3s |
| Supervisory body | Czech National Bank (CNB), Na Příkopě 28, Praha 1, Postal Code 115 03, Czech Republic |
ČSOB in Figures
Strategy of the ČSOB Group and its Business Model
The ČSOB group aims to become the reference in banking and insurance through putting client in the centre and achieving sustainable growth, driven by the PEARL culture.
The ČSOB group is one of the three largest financial services groups in the Czech Republic and the market leader in mortgages, building savings and private banking. ČSOB group serves its clients through multiple brands and distribution channels. The ČSOB group operates a portfolio of businesses that have a different stage of maturity and market position.
The ČSOB group has the ambition to deliver strong and sustainable performance. To reach this goal, the management continuously evaluates strategic choices and manages the ČSOB group’s business portfolio. Key resources (human capital, equity, liquidity and IT create capacity) are allocated to areas of the best fit with this ambition. The ČSOB group: (i) cultivates its market positions, driven by value creation and through-the-cycle portfolio view; (ii) makes structural changes in its business in terms of simplification, innovation, group integration and with respect to community and nature; (iii) builds capabilities which are critical for future success (including data science); and (iv) invests into FinTechs and beyond banking services as value creators.
As a response to both external and internal challenges, and particularly trend of digitalization and commoditization of traditional banking and insurance products and services, the ČSOB group is transforming the business model to better serve the needs of clients and at the same time lift the core capabilities to sustain the position over long term. The goal is to build an environment integrating banking and insurance products and services that will delight clients with an extraordinary experience:
- Clients will be constantly in the centre of everything the ČSOB group does. They will be empowered to choose the services they need and like and ČSOB will be able to help to solve their life situations;
- Clients will be enabled to interact with the bank through seamlessly integrated omnichannel;
- Clients will be enabled to arrange maximum number of matters digitally and the environment will gradually integrate also services beyond the traditional banking and insurance services and products.
The ČSOB group operates according to high ethical standards. Our corporate sustainability and responsibility focuses on expected needs of the present without compromising expectations of future generations. Responsible behavior is included in our sustainability concept that is composed of four areas: longevity, environmental responsibility, entrepreneurship and financial literacy.
The PEARL culture is the foundation of the ČSOB group’s business strategy. It is guided by five imperatives: Performance, Empowerment, Accountability, Responsiveness and Local embeddedness. Our HR policy is focused on fair reward, diversity, and creation of flexible and inspiring work environment. The ČSOB group also encourage employees to develop ideas as a team. Although our group is made up of different businesses, all our employees belong to one big family called Team Blue. Team Blue symbolizes the way we cooperate across KBC group, encouraging the ‘smart copying’ which, in today's fast-changing digital world, is an exceptional advantage.
ČSOB Group
List of members of ČSOB Group:
| Company | Address | ID |
|---|---|---|
| Československá obchodní banka, a. s. (ČSOB) | Radlická 333/150, 150 57 Praha 5 | 00001350 |
| ČSOB Stavební spořitelna, a. s. (ČMSS) | Radlická 333/150, 150 57 Praha 5 | 49241397 |
| ČSOB Advisory, a. s. | Radlická 333/150, 150 57 Praha 5 | 27081907 |
| ČSOB Factoring, a. s. | Výmolova 353/3, 150 00 Praha 5 | 45794278 |
| ČSOB Pojišťovací makléř, s. r. o. | Výmolova 353/3, 150 00 Praha 5 | 27151221 |
| ČSOB Leasing, a. s. | Výmolova 353/3, 150 00 Praha 5 | 63998980 |
| ČSOB Penzijní společnost, a. s., člen skupiny ČSOB | Radlická 333/150, 150 57 Praha 5 | 61859265 |
| ČSOB Pojišťovací servis, s. r. o., člen holdingu ČSOB | Masarykovo náměstí 1458, Zelené Předměstí, 530 02 Pardubice | 27479714 |
| ČSOB Pojišťovna, a. s., člen holdingu ČSOB | Masarykovo náměstí 1458, Zelené Předměstí, 530 02 Pardubice | 45534306 |
| Hypoteční banka, a. s. | Radlická 333/150, 150 57 Praha 5 | 13584324 |
| Patria Corporate Finance, a. s. | Výmolova 353/3, Radlice, 150 00 Praha 5 | 25671413 |
| Patria Finance, a. s. | Výmolova 353/3, Radlice, 150 00 Praha 5 | 26455064 |
| Patria Investiční společnost, a. s. | Výmolova 353/3, Radlice, 150 00 Praha 5 | 05154197 |
| Ušetřeno s.r.o. | Lomnického 1742/2a, 140 00 Praha 4 | 27388239 |
| Bankovní informační technologie, s.r.o. | Radlická 333/150, 150 57 Praha 5 | 63987686 |
| Ušetřeno.cz s.r.o. | Lomnického 1742/2a, 140 00 Praha 4 | 24684295 |
| K&H Payment Services Kft | Lechner Ödön fasor 9, Budapešť | – |
| Skip Pay s.r.o. | U Garáží 1611/1, 170 00 Praha 7 | 07093331 |
| Igluu s.r.o. | Radlická 333/150, 150 57 Praha 5 | 09763465 |
Except for above listed companies, ČSOB Asset Management, a.s., investiční společnost, KBC Asset Management, ČSOB branch and Greenometer s.r.o operate in the Czech Republic. Although they are not part of ČSOB Group, their products and services are distributed by ČSOB Group‘s network.
Contact information for the media at the various companies.