KB prezent. angl - Komerční banka

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Major Events in 2003
Renaissance Project The Bank launched a three-year strategic programme focused on the reorganisation of processes and
technologies. The implementation of this project will provide the Bank with new competitive advantages and an improvement
in efficiency in the processing of operations.
Expansion of the range of products Komerční banka continued to broaden its range of products, especially for individual
clients and for the segment of Small Businesses and Entrepreneurs. Examples are products such as Dětské konto for
children between 0 and 15 years of age, the Perfektní půjčka loan for individuals, and products for entrepreneurs and small
businesses – the Efekt, Komfort and Excelent packages of financial services and the Profi úvěr loan.
Introduction of chip cards Komerční banka was the first bank in the Czech Republic to launch Visa chip cards and Maestro
chip cards certified by MasterCard International, which allow customers to draw on a whole range of advantages offered by
chip technology.
Development of the KB distribution network During 2003, Komerční banka opened 20 new points of sale and put 79 new
ATMs into operation.
Successful restructuring of the loan portfolio In the first half of the year, Komerční banka, finished the sale of the portfolio
of non-performing assets to GE Capital Corporation. In December the three-year State Guarantee, which had been provided
for part of the Bank’s receivables, expired.