Moneta sees profit fall in spite of increased loans

Moneta, formerly GE Banka, announced a first half drop in profit to 2.3 billion crowns. Bank assets rose 2.8 percent to 144 billion crowns. New loans rose 4.4 percent to 21.1 billion compared with the same period in 2015. Moneta is the sixth biggest bank in the Czech Republic with around 1.0 million clients.

Author: Chris Johnstone