Komerční banka
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| Komerční banka | |
|---|---|
| Type | Public |
| Founded | 1990 |
| Headquarters |  Prague, Czech Republic |
| Industry | Banking |
| Products | Financial services |
| Revenue | ▲ CZK 26.3 billion (2006) |
| Operating income | ▲ CZK 13.9 billion (2006) |
| Net income | ▲ CZK 9.1 billion (2006) |
| Employees | 8,267 (2006) |
| Website | www.kb.cz |
Komerční banka (KB) is one of the main banks in the Czech Republic. It serves about 1.5 million customers in more than 350 branches.
The bank was founded in 1990 following separation of commercial activities from the former Státní banka československá (State Bank of Czechoslovakia). In 1992, the bank was partially privatized in voucher privatization. In 2001, the government sold its 60% stake in the bank to Société Générale for 40 CZK billion.
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