What KomercnI Banka does

Komerční banka, a.s. is a Prague-headquartered universal bank founded in 1990, majority-owned by Société Générale S.A., and listed on the Prague Stock Exchange under ticker CZ0008019106. It serves retail individuals, entrepreneurs and small businesses, and corporate/institutional clients across the Czech Republic (with selected operations in Slovakia via ESSOX) through a hybrid distribution model of 215+ branches, 187 advisory points, nearly 2,000 shared ATMs (with MONETA Money Bank, Air Bank, and UniCredit Bank), and digital channels including the KB+ unified app, MojeBanka, and MojeBanka Business.

The bank's core technology stack runs on Temenos Core and Temenos Data Hub following a 2025 migration from legacy systems, which delivered 24/7 digital banking, a flagship multi-currency account, and a roughly 50% reduction in product development timelines. On top of this core, KB operates a vertically integrated financial services group with wholly-owned subsidiaries in building savings (Modrá pyramida stavební spořitelna), insurance (Komerční pojišťovna), pensions (KB Penzijní společnost), consumer finance (ESSOX), automotive leasing (Ayvens), equipment finance (SG Equipment Finance Czech Republic), and factoring (Factoring KB).

KB generates revenue primarily through net interest income (deposit-taking and lending across retail, SME, mortgage, and corporate portfolios), fee and commission income (account maintenance, cards, payments, wealth advisory), and trading and investment services (including Amundi fund distribution and securities portfolio management). Pricing is tiered, with a free Start tariff for basic current accounts, a savings account offering up to 3.5% bonus interest on balances up to 1 million CZK, and consolidation loans starting at 4.39% annual. AI is deployed across fraud detection, credit scoring, document verification, biometric signatures, and customer-service chatbot/voicebot interactions, and the bank is scaling ESG-marked lending (35.2 billion CZK in 2025, 57% of new corporate investment loans) under CEO Jan Juchelka, who also serves as Czech Banking Association President.

Name

KomercnI Banka

Legal name

Komerční banka, a. s.

Website

https://kb.cz

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Komerční banka is a Prague-headquartered universal bank majority-owned by Société Générale, serving retail, SME, and corporate clients in the Czech Republic through 215+ branches, shared ATMs, and digital banking on Temenos Core, with integrated subsidiaries spanning insurance, pensions, leasing, and consumer finance.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Balance-Sheet / Portfolio CRE Lending (FSALADAG)

Keywords

• Retail banking services
• Corporate banking
• Digital banking
• Investment banking
• Wealth management

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Net Interest Income: Traditional banking interest income from lending and deposit-taking operations, with pressure on net interest margins impacting Q1 2025 profitability.
2. Fee and Commission Income: Banking service fees including account maintenance, card services, payments, and wealth management advisory.
3. Trading and Investment Services: Revenue from trading operations, investment products distribution (including Amundi funds), and securities portfolio management.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Komercní banka is a Czech universal commercial bank providing retail, SME, and corporate banking products and services. Its core offerings include current accounts, savings accounts, multi-currency accounts, personal loans, mortgages, credit and debit cards, overdrafts, investment funds, regular investing plans, pension savings, insurance, and term deposits for individuals and businesses, as well as corporate cash management, trade finance, securities trading, and bond issuance services for institutional clients.

Product overview

Komerční banka (KB) is a Czech commercial bank and part of Société Générale Group, offering a comprehensive digital banking platform with multiple channels and product lines. The core banking infrastructure is based on Temenos (migrated from legacy systems), enabling 24/7 digital operations. The consumer banking suite includes KB+ (new unified internet/mobile banking), MojeBanka and Mobilní banka (legacy platforms), KB Klíč (authentication app), KB Premium and KB Privátní bankovnictví (premium services). Corporate banking offerings include Profibanka, MojeBanka Business, Mobilní banka Business, and Direct Channel for ERP integration. Cash management products include Multicash, Global Cash, Sogecash (SWIFTNet, EBICS DE, SFTP), MojePlatba, and Online Portfolio for securities. The product portfolio also includes deposit accounts, personal loans, mortgages, investment products (regular investing, funds, gold), pension savings, insurance, debit/credit cards, and an Open Banking API for third-party integrations. The bank has implemented AI for fraud detection, automated credit decisions, document verification, and customer service through chatbot/voicebot.

Differentiator

Problem solved

Functional benefit

Brands

• KB+: Internet and mobile banking application with unified design and features
• MojeBanka
• KB Klíč
• KB eTrading
• KB Premium

Products and services

• Běžný účet (Current Account) Basic current account for individuals with free Start tariff and tiered Standard, Plus, Premium options, including multi-currency support for everyday banking and international transactions.
• Multiměnový účet (Multi-currency Account) Multi-currency account supporting multiple currencies for customers with international banking and transaction needs.
• Spořicí účet (Savings Account) Savings account offering bonus interest rate up to 3.5% p.a. up to a 1,000,000 CZK limit for 6 months, with basic savings also available at lower rates.
• Dětský účet (Children's Account) Banking account for children aged 6+ offering a 4% annual return and a 500 CZK bonus.
• Osobní půjčka (Personal Loan) Personal loan product offering both automated and manual approval processes for consumer borrowing needs.
• Hypotéky (Mortgages) Mortgage lending products for residential and property financing for individuals.
• Konsolidace půjček (Loan Consolidation) Loan consolidation service merging multiple loans into one, with interest rates starting from 4.39% p.a.
• Debetní a kreditní karty (Debit and Credit Cards) Debit and credit card products for individuals, including limited edition designs, with AI-based verification of custom card artwork.
• Kontokorent (Overdraft) Overdraft credit facility available on current accounts for short-term liquidity and cash flow flexibility.
• Pravidelné investování (Regular Investing) Regular systematic investment plans enabling customers to build long-term wealth through scheduled contributions.
• Investiční fondy (Investment Funds) Investment fund products distributed through partnership with Amundi for diversified portfolio investing.
• Investiční zlato (Investment Gold) Physical gold investment products for customers seeking alternative stores of value and portfolio diversification.
• Penzijní spoření (Pension Savings) Supplementary pension savings products offered through subsidiary KB Penzijní společnost, a.s.
• Stavební spoření (Building Savings) Building savings products offered through subsidiary Modrá pyramida stavební spořitelna, a.s.
• Termínovaný účet (Term Deposit) Fixed-term deposit accounts offering guaranteed interest rates over defined periods for capital preservation.
• Životní pojištění (Life Insurance) Life insurance products distributed through subsidiary Komerční pojišťovna, a.s.
• Cestovní pojištění (Travel Insurance) Travel insurance products including individual (Cestování+) and family (Cestování Rodina+) variants.
• KB Premium and KB Privátní bankovnictví (Premium and Private Banking) Premium banking and private banking services for high-net-worth individuals and affluent clients, delivered through dedicated relationship managers and personalized advisory.
• KB+ Digital Banking Platform Unified internet and mobile banking application for retail customers with new account plans, supporting 24/7 digital banking on the Temenos platform.
• Profibanka Corporate Banking Platform Corporate banking platform that can be managed offline as well, providing core banking functions for corporate and institutional clients.
• MojeBanka Business Internet banking platform for business accounts not yet migrated to new plans, with companion mobile app.
• Multicash Cash Management Cash management tool allowing corporate customers to view and manage accounts from different banks in one consolidated interface.
• Global Cash Account management tool for multinational corporates managing accounts from different banks and countries in a single platform.
• Sogecash SWIFTNet Gateway into SWIFT's communication network for managing corporate cash flows across continents.
• Sogecash EBICS DE Automated transfer of payment data for businesses using the EBICS protocol.
• Trade Finance Online Secure online communication platform with the bank for executing trade finance operations.
• MojePlatba Merchant Payment Button Payment button for online stores enabling quick account-to-account payments directly from a customer's checking account.
• Online Portfolio Securities Management Web application for simple and quick management of securities portfolios, serving retail investors and corporate clients.
• Open Banking API Open Banking API enabling third-party applications to access KB account information and initiate payments, with developer documentation for integration.
• KB eTrading Application for trading in foreign currencies and deposits for corporate and institutional clients.

Quantifiable outcome

• Saved customers 503 million CZK through fraud prevention interventions in 2024
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability10 records

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• TemenoscoreTechnology or Integration · 10 May 2026Komerční banka participated in Temenos Community Forum 2026 in Copenhagen, sharing experiences on core banking modernization. The bank migrated from legacy systems to Temenos Core and Data Hub, enabling 24/7 digital banking and cutting development times in half.
• Česká spořitelnaminorChannel Partner/ Reseller/ Distributor · 31 March 2026Česká spořitelna acted as lead manager alongside Komerční banka, Raiffeisenbank, and UniCredit Bank for Passerinvest's bond issuance of CZK 2.5 billion.
• RaiffeisenbankminorChannel Partner/ Reseller/ Distributor · 31 March 2026Raiffeisenbank acted as co-lead manager alongside Komerční banka, Česká spořitelna, and UniCredit Bank for Passerinvest's bond issuance of CZK 2.5 billion.
• UniCredit Bank Czech Republic and SlovakiaminorChannel Partner/ Reseller/ Distributor · 31 March 2026UniCredit Bank Czech Republic and Slovakia acted as co-lead manager alongside Komerční banka for Passerinvest's bond issuance.
• Diebold NixdorfcoreTechnology or Integration · 2 December 2025Komerční banka was an early adopter of Diebold Nixdorf's DN Series 300 and 350 self-service cash dispensers, piloting the new ATM technology featuring DM7V dispensing module with 40% greater availability in their ATM network.
• SG Equipment Finance Czech RepubliccoreOthers · 10 March 2025Komerční banka acquired the remaining 49.9% stake in SG Equipment Finance Czech Republic from Société Générale to become the sole owner, completing full ownership of the equipment financing subsidiary as part of the restructuring.
• Modrá pyramida stavební spořitelnaminorOthersBuilding savings subsidiary of Komerční banka group, IČO: 60192852. Part of KB's financial services ecosystem.
• Komerční pojišťovnaminorOthersInsurance subsidiary of Komerční banka group, IČO: 63998017. Part of KB's financial services ecosystem.
• KB Penzijní společnostminorOthersPension fund subsidiary of Komerční banka group, IČO: 61860018. Offers supplementary pension savings products.
• ESSOXminorOthersConsumer finance subsidiary of Komerční banka group operating in Czech Republic (IČO: 26764652) and Slovakia (IČO: 35846968).
• AyvensminorOthersLeasing subsidiary of Komerční banka group, IČO: 61063916. Provides vehicle and equipment leasing services.
• Factoring KBminorOthersFactoring services subsidiary of Komerční banka group, IČO: 25148290. Provides accounts receivable management and factoring services.
• Česká bankovní asociace (ČBA)minorStrategic or Co-development PartnerKomerční banka participates in ČBA Commission for Sustainable Finance, with CEO Jan Juchelka elected as ČBA President in 2023. KB contributes to industry ESG standards and the unified banking ESG questionnaire.
• Equator Principles AssociationminorStrategic or Co-development PartnerSociété Générale group (parent) adheres to Equator Principles for assessing environmental and social risks in large infrastructure and industrial project financing, applying international World Bank standards.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Česká spořitelna: Largest Czech bank by assets and part of Erste Group, serving retail, SME, and corporate clients across the Czech Republic with a similarly extensive branch and digital network — KB's closest direct domestic competitor.
• ČSOB: Major Czech universal bank owned by KBC Group, offering retail, SME, corporate, and investment banking — directly comparable in customer segmentation, product breadth, and digital transformation trajectory to KB.
• UniCredit Bank Czech Republic and Slovakia: Czech-Slovak subsidiary of UniCredit Group providing full-service commercial banking to retail, SME, and corporate clients; competes head-to-head with KB in corporate lending, capital markets, and ESG/sustainable finance.
• MONETA Money Bank: Major Czech retail and SME-focused bank with strong digital channels and shared ATM network; a direct competitor on retail deposits, consumer lending, and SME banking — recently identified as a target for PPF/Group acquisition.
• Air Bank: Czech digital-first challenger bank (PPF Group) competing aggressively in retail current accounts, savings, and consumer lending with a customer-experience-led model that pressures KB's retail franchise.
• Raiffeisenbank Czech Republic: Czech subsidiary of Raiffeisen Bank International serving retail, SME, and corporate clients; competes with KB across deposit products, SME lending, and corporate banking including bond issuance syndication.

Broad incumbents

• Société Générale (parent group): French parent bank of KB providing group-level strategy, capital, and product infrastructure (Sogecash, trade finance); a broad incumbent comparable for capital strength, ESG framework, and corporate banking capabilities.
• Erste Group Bank: Austrian parent of Česká spořitelna and one of the largest banking groups in Central and Eastern Europe; comparable as a CE/SEE-focused universal banking group with retail, SME, and corporate franchises across multiple markets.
• KBC Group: Belgian parent of ČSOB and major Central/Eastern European banking group; comparable as a multi-market bancassurance and universal banking group with strong digital and ESG positioning similar to KB.

Regional players

• mBank (BRE Bank): Czech subsidiary of Poland's mBank (Commerzbank-influenced digital banking model), competing primarily in retail and SME segments in Czech Republic with a mobile-first proposition; comparable as a regional digital challenger to KB's retail franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/komercni.banka
• LinkedInlinkedin.com/company/komercni-banka
• Xx.com/komercka

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KomercnI Banka