Analysis
Who really owns Czech banks?
Most well-known Czech banks have foreign owners. Domestic capital has a smaller presence in the banking market; major banks with Czech ownership include Fio and part of MONETA Money Bank’s shareholder structure.
Key findings
Most well-known Czech banks have foreign owners. Domestic capital has a smaller presence in the banking market; major banks with Czech ownership include Fio and part of MONETA Money Bank’s shareholder structure.
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Explanation
Who actually owns Czech banks? Most familiar “Czech” banks have foreign owners — Austrian, Belgian, French or Italian financial groups. Domestic capital has a smaller presence in the banking market; examples with Czech shareholders include Fio and part of MONETA Money Bank’s shareholder base. The current ownership structure of the Czech banking sector largely reflects its transformation and privatisation after 1989.