PPF Financial Holdings a.s. is subject to consolidated prudential requirements under Regulation (EU) No 575/2013 of the European Parliament and of the Council and to consolidated supervision by the Czech National Bank. In the Czech Republic, PPF Financial Holdings a.s. is classifi ed by the Czech National Bank as an “other systemically important institution”.
The financing and debt structure of PPF Financial Holdings a.s. did not change signifi cantly during 2023. The company drew on cash fl ow from its most significant subsidiaries – PPF banka and Home Credit – and distributed a dividend of EUR 317 million. The Group was also granted regulatory approval and called its EUR 92 million Tier 2 subordinated bond issue for early redemption in September 2023.
The shareholding in MONETA Money Bank, a.s., acquired in 2021 and held via Tanemo a.s. (an affi liate), remained unchanged in 2023.