
J&T Banka has launched the subscription of its historically first issue of the bonds of J&T Finance Group (hereinafter the J&T Group). The public bond issue in the total offered value of CZK 3 billion bears the coupon rate of 6.4% p.a. From Wednesday, November 30, the bonds are listed at the Prague Stock Exchange.

J&T Banka, one of the most significant private banks in the Czech market, took the first place in the Private bank category of the prestigious Fincentrum Banka of the year 2011 competition.

J&T Banka, one of the major private banks in the Czech market, generated a Net Profit (acc. to IAS/IFRS) of CZK 343 million during the first 9 months of this year. Compared to the same period of last year, this is 14% more. The bank’s Operating Profit reached CZK 513 million, down by 7.5% year on year.