Private company

Komerční banka

Komerční banka (“KB”) is a major Czech bank and the parent company of KB Group, a member of the Société Générale international financial group.1

Last updated Oct 18, 2026.

Overview

1992Founded1
  • Industryeconomics of banking, financial sector, financial services1
  • HeadquartersPrague1
  • Founded inPrague1
  • Websitewww.kb.cz

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Komerční banka (“KB”) is a major Czech bank and the parent company of KB Group, a member of the Société Générale international financial group. KB is a universal bank providing a wide range of services in retail, corporate and investment banking complemented by specialised financial services produced by KB’s subsidiaries or other SG Group companies. KB Group operates in the Czech Republic and also provides services to corporate clients in Slovakia. It serves more than 1.6 million customers in 399 branches.2

How it started

History

The bank was founded in 1990 following separation of commercial activities from the former State Bank of Czechoslovakia. In 1992, the bank was partially privatized in voucher privatization.

In 2001, the state’s 60% holding in Komerční banka was purchased by Société Générale. Following privatization, KB began significantly to develop its activities for individual customers and entrepreneurs, in addition to building on its traditionally strong position in the enterprises and municipalities market.

In 2014 the Komerční banka signed a partnership with the National Gallery in Prague.

In 2020 Komerční banka acquired 96% of Upvest, which was founded in 2017 and is based in Prague.

In 2021, the bank had 241 branches and operated 857 ATMs.

From Wikipedia’s article on Komerční banka, shared under CC BY-SA 4.0.2

Leadership

Who has led Komerční banka, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Richard Salzmann1991–1998
  2. Radovan Vávra2000–2001
  3. Albert Le Dirac'h2013–2017
  4. Jan Juchelka2017–now
1995200020052010201520202025
Board members and other officers (1)

Timeline

  1. 2017New chief executive Jan Juchelka becomes CEO1
  2. 2013New chief executive Albert Le Dirac'h becomes CEO1
  3. 2001Acquired Acquired by Société Générale1
  4. 2000New chief executive Radovan Vávra becomes CEO1
  5. 1992Founded Founded in Prague1
  6. 1991New chief executive Richard Salzmann becomes CEO1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2