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Capital:
Prague
Form of government:
Parliamentary republic
Area:
78 866 км2
Population:
10 млн
Currency:
Czech Koruna (CZK)

Criticize corporate ravine in ČSOB Československá obchodní banka

About the Bank

Československá obchodní banka (hereinafter referred to as ČSOB) is one of the oldest and largest banks in the Czech Republic. It was founded back in 1964, when the Czech Republic was part of Czechoslovakia. After a regime change in 1999, the bank was privatized and the Belgian financial group KBC Group became its new owner. Until 2008, the bank's activities were carried out in the Czech Republic and Slovakia. However, in early 2008, the Slovak branch became spun off.

Today ČSOB is a universal bank serving individuals and commercial companies. A very wide range of services is provided here, and quite favorable conditions for cooperation are also offered. Participation in an international financial group contributes to entering the European financial market, which to a large extent attracts foreign clients.

Bank services

The Czech bank ČSOB provides a wide range of services for individuals and legal entities. The most interesting and important of them are the following:

  • Investing in promising projects, among which a special place is occupied by real estate and medicine.
  • Various types of loans.
  • Opening of accounts of various types.
  • Maintenance of plastic cards Visa and Master Card of ordinary and nominal types.
  • Complex of insurance services.
  • Work with shares and securities.

Advantages

Among the advantages of cooperation with the ČSOB bank, one can note the absence of account maintenance fees, low interest rates on loans, as well as the minimum time for opening an account, which is 2-3 weeks after the submission of all documents. It should also be emphasized that this financial structure is considered one of the most reliable not only in its country, but throughout Europe.

Additional Information

Separately, it is worth emphasizing that, despite the absence of an account maintenance fee, ČSOB Bank charges a small amount of 20 kroons for using the Internet banking service. In addition, it must be taken into account that in order to open an account, you will need to visit the Czech Republic.

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