Ceská sporitelna, a. s operates as a universal savings bank that offers retail, corporate, and investment banking services in the territory of the Czech Republic.

The company’s principal activities include acceptance of deposits from the general public; extension of credit; investing in securities on its own account; payments and clearing; issuance of payment facilities, such as payment cards, traveller’s cheques; issuance of guarantees; opening of letters of credit; collection services; proprietary or client-oriented trading with foreign currency assets, forward and option contracts, including foreign currency and interest rate transactions, and transferable securities; management of clients’ securities on clients’ accounts and provision of advisory services; participation in the issuance of shares and provision of related services; safe-keeping and administration of securities or other assets; rental of safe-deposit boxes; provision of business advisory services; issuance of mortgage bonds under special legislation; financial brokerage; depositary activities; foreign exchange services (foreign currency purchases); provision of banking information; and maintenance of a separate part of the Securities Centre’s records.

The company through its subsidiaries provides funds management; building society savings and loans; pension insurance; finance leasing; factoring; consulting services; provision of investment services; real estate activities; lease of information technology, installation and repair of electronic equipment; provision of software and advisory services in relation to hardware and software; and corporate management and finance.

History

Ceská sporitelna, a. s was founded in 1825.