EMCC European Monitoring Centre on Change

Air bank

Company/Organisation:
Air bank

Geographic Location

Country: Czechia

Company

Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 550

Employment Effects

Announcement Date: 09-01-2015
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2015
Planned Job Creation: 150

Additional Information

Air bank, a Czech retail bank, is to double its number of branches and to create 150 new jobs in 2015.

Air bank is part of the PPF investment group (owned by Petr Kellner) and started operating in the Czech Republic in 2011. The bank currently employs 550 people.