Moneta Money Bank, a privately owned institution headquartered in Czechia, established in 1998, operates with approximately 2,040 employees. The company primarily focuses on banking services, having previously operated as GE Money Bank, the financial division of General Electric.

Revenue

Founded

1998

Headcount

2,237

Headquarters

Czechia

Primary Segment

Banking

Ownership

Privately Owned

News Summary:

Moneta Money Bank AS reported a net profit of CZK 3.3 billion for the first half of 2026, marking an 8% improvement from the previous year, with operating income growing to CZK 7.2 billion, driven by net interest income and fee income. The bank’s loan portfolio expanded by 9% to CZK 310 billion, focusing on high-margin products, while its non-performing loan ratio dropped to a record low of 0.9%. Operating expenses increased slightly, and the cost of risk rose to 28 basis points. The bank’s capital adequacy ratio improved to 20%, though its CET1 ratio faced pressure due to strong loan growth and rising risk-weighted asset density. Previously, on July 24, Moneta lifted its minimum full-year 2026 profit target to CZK 6.8 billion, citing stronger net interest and fee income and restrained expenses. Chief Executive Tomáš Spurný noted the first half’s "more than 8%" year-over-year profit growth as evidence of improving profitability and stated the bank is targeting lending growth of 7.5% to 9.5% by refocusing toward "high-margin products." Concurrently, on July 24, the bank reported its second-quarter net income for the period ending June 30, 2026, reached CZK 1,763 million, up from CZK 1,628 million a year earlier.

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