Sberbank CZ

What Sberbank CZ does

Sberbank CZ, a.s. v likvidaci was a Czech universal bank founded in 1993 that provided retail and corporate banking products and services to customers across the Czech Republic. Its core product portfolio included current and savings accounts (Běžné a spořicí účty), consumer loans (FÉR půjčka), mortgages (FÉR hypotéka), overdraft facilities (FÉR kontokorent), commercial loans for businesses, contactless debit cards, internet banking platforms (SOB/MCP), investment services including mutual fund distribution through NNIP and Generali, safe deposit boxes, and term deposits. The bank served five primary segments documented on its historical website: retail customers (Občané), micro and small businesses with turnover up to 25 million CZK, medium enterprises with turnover between 25 million and 1.2 billion CZK (including housing cooperatives), large corporations with turnover above 1.2 billion CZK and insurance companies, and the public sector (municipalities and non-profit/church organizations). Its underlying core banking system technology is not disclosed in available sources, and no proprietary AI or data-driven capabilities are documented.

Following the February 2022 collapse of its Russian parent Sberbank and the imposition of international sanctions related to the Russia-Ukraine conflict, the Czech National Bank declared Sberbank CZ unable to meet its obligations to authorized persons on February 28, 2022. The Municipal Court in Prague subsequently declared bankruptcy (konkurs) on August 26, 2022, under file reference MSPH 95 INS 12575/2022, and the bank lost its operating license. The bank's residual revenue model is effectively non-operational: it no longer accepts deposits, originates loans, or provides standard banking services. Its current function is limited to administering creditor distributions and monetizing remaining assets through structured divestitures.

Under insolvency administrator JUDr. Jiřina Lužová, the bank has executed two major creditor distributions and a series of asset sales. The business entity and a significant portion of the loan portfolio (including mortgages and consumer loans affecting ~15,000+ clients) were sold to Česká spořitelna, a.s. effective April 5, 2023. Non-performing loans with a 1.3 billion CZK nominal value were sold for 204,200,000 CZK in 2023. The first partial creditor distribution from March to June 2024 paid approximately 54.5 billion CZK (95% of verified claims) to over 12,000 creditors, and the second partial distribution in 2026 paid approximately 2.4 billion CZK (an additional 4% of claims) to roughly 13,400 creditors, bringing cumulative payouts to approximately 59 billion CZK or 99% of established claims. Ownership transferred to Czech company Gomanold on April 4, 2025, primarily to remove international sanctions that applied under former parent MeSoFa AG. Operational support is provided by legal counsel (Baker McKenzie s.r.o.), financial advisors (Deloitte Advisory s.r.o.), and distribution partners (Komerční banka, Česká pošta, WesternUnion, MoneyGram, RIA Money Transfer, and DZ BANK AG as EUR correspondent).

Name

Sberbank CZ

Legal name

Sberbank CZ, a.s.

Website

https://sberbank.cz

Company type

Private

Founded year

1993

Operating status

Closed

Headcount range

501–1,000 employees

Short description

Sberbank CZ, a.s. v likvidaci is a former Czech universal bank founded in 1993, in insolvency since February 2022. It has divested operating assets to Česká spořitelna and is distributing funds to creditors, with 99% of verified claims paid.

Ownership category

akta.pro rank

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, Infrastructure, Technology or R&D, Others

Distribution channels2 records

Marketing channels1 record

Core offering

Sberbank CZ, a.s. v likvidaci was a Czech universal bank offering retail and corporate banking products including current and savings accounts, consumer loans, mortgages, commercial loans, term deposits, investment services, and safe deposit boxes. Following the loss of its banking license in February 2022 and the declaration of bankruptcy in August 2022, the entity no longer offers active banking products. Its current core activities consist of administering insolvency proceedings under court supervision, processing partial distributions (rozvrh) to approximately 15,300 creditors (99% of verified claims paid out by 2026), managing remaining loan portfolios not transferred to Česká spořitelna, and monetizing residual assets including non-performing loans.

Product overview

Sberbank CZ was a universal bank offering a comprehensive range of retail and corporate banking products. The product portfolio centered on core banking services including current and savings accounts (FÉR accounts), consumer loans (FÉR půjčka), mortgages (FÉR hypotéka), commercial lending, and deposit products. Digital banking services comprised internet banking platforms (Online Banking SOB and MCP), contactless debit cards, and investment services including securities trading and mutual fund distribution (NNIP, Generali). The bank also offered business banking solutions such as commercial loans, revolving facilities, and municipal banking services. Following insolvency proceedings initiated in 2022 and loss of banking license, the bank is now in liquidation with active loan portfolios being repaid, client accounts transferred to Česká spořitelna, and creditor distributions ongoing through insolvency administrator JUDr. Jiřina Lužová.

Differentiator

Problem solved

Functional benefit

Products and services

• Current and Savings Accounts (Běžné a spořicí účty / FÉR účty) Standard current and savings account products for retail and corporate clients, now in run-off following insolvency proceedings. Retail individual and corporate deposits were transferred to Komerční banka for deposit insurance payouts through the Guarantee System (GSFT), with insured limit of 100,000 EUR per depositor.
• FÉR Mortgage (FÉR hypotéka) Mortgage product for property financing targeted at retail customers, with the majority of the active book transferred to Česká spořitelna on April 5, 2023. Remaining mortgages not transferred continue to be administered by Sberbank CZ in liquidation. Insurance under BNP Paribas Cardif continues under original terms.
• FÉR Consumer Loan (FÉR půjčka) Consumer loan product offered under the FÉR brand for personal borrowing, now discontinued for new originations and in repayment management. Active consumer loans were largely transferred to Česká spořitelna; remaining loans administered by Sberbank CZ in liquidation with BNP Paribas Cardif payment protection insurance continuing under original terms.
• FÉR Overdraft (FÉR kontokorent) Overdraft facility linked to FÉR current accounts, now closed to new drawings. Administration continues for outstanding balances.
• Commercial Loans (Komerční úvěry) Business lending including investment loans, revolving facilities, and foreign currency loans for corporate clients. Loans are serviced in liquidation, with EUR-denominated payments processed through correspondent bank DZ BANK AG.
• Micro Loans (Micro úvěry) Micro loans and overdraft facilities targeted at entrepreneurs and small firms with turnover up to 25 million CZK, serviced via dedicated email channel [email protected].
• Term Deposits (Termínované vklady) Fixed-term deposit products with guaranteed interest rates for specified periods, offered to retail and corporate clients. Closed to new placements following loss of banking license.
• Contactless Debit Cards (Bezkontaktní platební karty) Debit card issuance and management for retail clients, now inactive following loss of banking license in February 2022.
• Investment Services (Investiční služby) Securities trading, mutual fund distribution (NNIP and Generali Investments funds), and investment advisory services for clients. Following loss of banking license, clients holding NNIP or Generali funds can transfer their investments to new distributors via the re-activated transfer process.
• Safe Deposit Boxes (Bezpečnostní schránky) Safe deposit box rental service for client valuables storage, now in run-off status.
• Internet Banking (SOB / MCP) Online banking platform (SOB/MCP) for account access and management, phased out by end of 2023 as part of the wind-down.

Quantifiable outcome

• 99% of verified creditor claims have been paid out across partial distributions

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• Česká spořitelnacoreChannel Partner/ Reseller/ Distributor · 5 April 2023Česká spořitelna acquired a significant portion of Sberbank CZ's loan portfolio including mortgages, consumer loans, and related credit facilities. The transfer was effective April 5, 2023, and affected clients who became customers of Česká spořitelna. Approximately 15,000+ clients' loans were transferred, with clients maintaining their original contractual terms.
• Komerční bankacoreChannel Partner/ Reseller/ Distributor · 28 February 2022Komerční banka was selected as the authorized partner to handle deposit insurance payouts from the Guarantee System (GSFT) for Sberbank CZ clients. Komerční banka has continued as the primary distribution channel for creditor payouts in the subsequent insolvency proceedings (partial distributions in 2024 and 2026). They have processed over 54.5 billion CZK in payouts to approximately 12,000+ creditors.
• Baker McKenzie s.r.o.majorImplementation/ SI/ Consulting PartnerBaker McKenzie serves as legal counsel to the insolvency administrator JUDr. Jiřina Lužová. They assist with managing creditor communications, identity verification, account number submissions for payouts, and coordination of the partial distribution process. Located at Klimentská 1216/46, Prague 1.
• Deloitte Advisory s.r.o.majorImplementation/ SI/ Consulting PartnerDeloitte Advisory provides consulting support to the insolvency administrator in managing the wind-down of Sberbank CZ, including financial advisory services related to asset monetization and creditor distribution.
• Česká pošta, s.p.minorChannel Partner/ Reseller/ DistributorČeská pošta (Czech Post) handles a portion of creditor claim payouts in the insolvency proceedings, providing physical distribution points for creditors who prefer postal services.
• BNP Paribas Cardif PojišťovnaminorOthersInsurance provider for payment protection insurance (pojištění schopnosti splácet) attached to consumer loans and mortgages. Insurance continues under original terms after loan transfer to Česká spořitelna. Clients should contact BNP Paribas Cardif directly for claims.
• NNIP (National Nederlanden Investment Partners)minorOthersInvestment fund provider. Sberbank CZ clients who invested in NNIP funds can transfer their investments to new distributors. The transfer process was re-activated after the bank's license revocation in 2022.
• Generali InvestmentsminorOthersInvestment fund provider similar to NNIP. Sberbank CZ clients holding Generali funds can transfer them to new distributors. Fund transfer process was available after the bank's wind-down.
• WesternUnion, MoneyGram, RIA Money TransferminorChannel Partner/ Reseller/ DistributorInternational money transfer service providers used for processing some creditor payouts in the insolvency proceedings where cross-border transfers are required.
• DZ BANK AGminorOthersCorrespondent bank for EUR-denominated loan repayments. Clients with EUR loans at Sberbank CZ were provided with new payment instructions through this correspondent bank (SWIFT code: GENODEFF).

Scale indicators8 records

Recent moves10 records

Expansion highlights2 records

Direct peers

• ČSOB (Československá obchodní banka): A major Czech universal bank owned by KBC Group, providing retail, SME and corporate banking services with strong overlap to Sberbank CZ's historical product range across current accounts, mortgages, consumer and corporate lending.
• Air Bank: Czech consumer and small-business bank (part of PPF Group), offering current accounts, consumer loans, mortgages and SME products. Closely competes for the same retail and micro-business segments that Sberbank CZ historically targeted before insolvency.
• Fio banka: Czech retail and small-business bank offering current accounts, term deposits, consumer and small-business loans. Provides a comparable segment focus to Sberbank CZ's entrepreneur/small-business franchise and shares the same universal deposit-and-lending product structure.
• MONETA Money Bank: One of the largest Czech retail-focused banks, providing current accounts, consumer loans, mortgages and SME banking — directly comparable to Sberbank CZ's retail and small-business offering across the same geographic footprint.
• Raiffeisenbank Czech Republic: Czech subsidiary of Raiffeisen Bank International, providing universal retail and corporate banking. Notable comparable because, like Sberbank CZ, it is a European subsidiary with Central/Eastern European and Russian-parent exposure, and has navigated related geopolitical/regulatory headwinds.
• Komerční banka: One of the largest Czech universal banks offering retail, SME and corporate banking products comparable to Sberbank CZ's historical product set. Currently serves as Sberbank CZ's core distribution partner for creditor payouts and deposit insurance, processing over 54.5 billion CZK across partial distributions.
• Česká spořitelna: Czech Republic's largest retail bank, offering a comparable universal banking suite including current accounts, mortgages, consumer loans, and SME/corporate lending. Acquired Sberbank CZ's loan portfolio (mortgages, consumer loans, credit facilities) in April 2023, transferring ~15,000+ clients and absorbing the servicing relationship.
• UniCredit Bank Czech Republic: A leading Czech universal bank offering retail and corporate banking products including accounts, mortgages, consumer finance, and corporate lending. Direct overlap in customer segments and product categories with Sberbank CZ's historical offering.
• Banka CREDITAS: Czech bank focused on retail deposits, mortgage lending, and SME banking. Comparable in product mix and target customer segments to Sberbank CZ's pre-2022 retail and small-business offering.

Regional players

• Sberbank Slovensko: Former Slovak subsidiary of the Sberbank group offering a near-identical retail and corporate product set to Sberbank CZ. Following its parallel 2022 resolution under Slovak supervision, it is the closest geographic peer, sharing the same historical parent (Russian Sberbank) and equivalent universal banking business model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sberbank_cz

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sberbank CZ