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KB prezent. angl - Komerční banka

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Major<br />

Events<br />

in 2003<br />

Restructuring of the <strong>KB</strong> Financial Group <strong>Komerční</strong> <strong>banka</strong> sold its capital interest in the companies CAC Leasing and<br />

Reflexim, and decided to sell its stake in the MUZO Company. Together with FranFinance, an affiliate of Société Générale,<br />

the Bank founded a new subsidiary called FranFinance Consumer Credit, which specialises in consumer lending.<br />

Annual General Meeting At the Annual General Meeting held in June 2003, the shareholders decided to pay a dividend of<br />

CZK 40 per share and approved the business results of the Bank for 2002.<br />

Awards for <strong>Komerční</strong> <strong>banka</strong> <strong>Komerční</strong> <strong>banka</strong> was voted the “The Trustworthiest Bank on the Czech Market” by the Czech<br />

public. The Bank also won in the category “The Most Dynamic Bank of the Year”, awarded by a specialised jury. In the main<br />

category, “Bank of the Year 2003”, <strong>KB</strong> was runner-up. The <strong>KB</strong> Financial Group also has the second best pension fund and the<br />

third best building savings bank.<br />

Improved rating of <strong>KB</strong> During the year, the three most important rating agencies Standard & Poor’s, Moody’s and Fitch<br />

Ratings again improved <strong>Komerční</strong> <strong>banka</strong>’s rating.<br />

General Partner of the National Theatre The main sponsorship activity of the Bank was its support of the National Theatre,<br />

for whom the Bank is the General Partner.

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