Profit making Komerční banka to aid its French mother bank with seven billion crowns in 2015

Profit making Komerční banka, one of the largest Czech banks, will aid its French mother bank Societé Generale with seven billion crowns in 2015, Czech Television reported on Saturday. Two other profit making banks Česká Spořitelna and ČSOB are also expected to assist their mother companies. Together the three largest Czech banking institutions generated a profit of 41 billion crowns last year. This is seen as a sign of the stability of the Czech baking sector.