February 13, 2020 / 9:42 AM / 4 days ago

KBC's Czech bank CSOB net profit rises by 25 pct in 2019

PRAGUE, Feb 13 (Reuters) - KBC’s Czech bank CSOB net profit climbed 25% to 19.7 billion crowns ($862.07 million) in 2019, the bank said on Thursday.

Loan portfolio increased by 5% to 780.7 billion crowns and deposits grew by 3% to 960 billion crowns, the lender said. ($1 = 22.8520 Czech crowns) (Reporting by Robert Muller, Editing by Michael Kahn)

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