Client deposits, which totalled CZK 121.81 billion at the end of the year (+14%), contributed most to the rise in the balance sheet total and earnings. As the amount and optimal time structure of such deposits were taken into account in their management, the lending portfolio also grew year-on-year and reached CZK 74.67 billion (+5%). The bank also records a substantial liquidity surplus, which it will try to take maximum advantage of this year alongside efforts to optimise the balance sheet total.
After the successful first issue in 2014, the bank issued two more return perpetuity certificates last year. The prospectus for the Czech crown issue with a total nominal value of CZK 1 billion was approved in September 2014. By the end of the year, 83% had been sold. In December 2015, the first Euro issue was approved. This issue, with a total nominal value of EUR 50 million, was intended chiefly for the Slovak market.
At the end of 2015, equity stood at CZK 16.95 billion (a year-on-year increase of CZK 1.6 billion) and capital adequacy at 13.91%.