J&T Closed a Deal To Acquire the ATLANTIK Financial Group
On June 21, 2010, a transaction was closed by means of which J&T FINANCE, a.s. acquired 100% stakes in ATLANTIK Asset Management investiční společnost, a.s. and ATLANTIK finanční trhy, a.s. The buyer’s advisor for the transaction was the law firm of Allen & Overy.
J&T BANKA’s Profit At Last Year’s Level
J&T BANKA’s Profit for 2009, calculated according to the IAS/IFRS, reached CZK 234 million, which is CZK 5 million more than in 2008. Operating Profit grew by more than 23% year on year, exceeding CZK 591 million.
J&T BANKA’s Profit in Q3 2009 Reached CZK 411.7 Million
J&T BANKA’s Net Profit as of September 30, 2009 reached CZK 411.7 million, 16% more year on year. Apart from released provisions, the profit growth can also be attributed to higher income from fees and interest and lower administrative costs.
J&T Banka profit in Q3 2009
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