MONETA Money Bank: Improved its position in the Bloomberg Gender Equality Index, the only company in the whole of the Czech Republic to be ranked

[ad_1]







MONETA has improved its position in the Bloomberg Gender Equality Index, the only company in the whole of the Czech Republic to be ranked

Prague, January 27, 2022

Low long-term gender pay inequality, an inclusive culture, consistent policies and prevention of sexual harassment, and a development program for talented women. These are the main reasons for MONETA’s success in Bloomberg’s prestigious Gender Equality Index. The bank is included for the third time in a row in the exclusive selection among 418 companies in the world, significantly improves its ranking and remains the only Czech company in the index.

The average gender pay gap reported by the bank in 2021 has narrowed to 2.79% across the MONETA Group, from 5.19% in 2020. In the EU, inequality is about 14.1%. That said, each woman earns an average of 86 cents for every euro earned by a man. In the Czech Republic, the figure is even 18.9%, which makes the Czech Republic the fifth worst country in the EU in this respect.

“A fair remuneration, a proportional representation of women in the management of the bank and support for their professional development is a logical and strategic priority for us. I am very happy that we managed to start this trend at Moneta three years ago and we intend to continue it. Gender equality is not a battle of women against men, but an opportunity to make the most of human potential to succeed, which ultimately can benefit the whole company.“, said CEO and Chairman of the Board Tomáš Spurný.

In addition to its fair remuneration policy, MONETA entered the Index thanks to its support for women entrepreneurs, to whom it offers for the second year a unique commercial loan only for women in cooperation with EGAP, a high level representation of women in the middle and senior management of the bank, including positions in IT or risk management, and a comprehensive care program for employees returning from parental leave. In the overall percentage score on a scale of one to a maximum of one hundred, MONETA improved by 11.3 percentage points year-on-year, from 71.33% achieved in 2020 to 82.63 current %. The average score of all companies included in the financial sector index is 72.69%, and the overall average score of all 418 companies is 71.11%. The MONETA Group has thus demonstrated that it resists international comparison on issues of diversity and inclusion..

“We deserved to be included in the Bloomberg index, among other things, because of the level of representation of women among our employees. Of our more than 3,000 employees, 65% are women,

For more information please contact:

Zuzana Filipová, mobile: +420 702 246 545, [email protected]

RP Beaufort

Jan Cihlář, +420 602 447 324, [email protected] or Media Service [email protected] and www.moneta.cz

MONETA Money Bank, as, which controls the MONETA holding company, is a leading independent Czech bank, serving its customers through its nationwide network of branches. The bank has been listed on the Prime Market of the Prague Stock Exchange since 2016. The bank has focused on a business model focused on retail and SMEs with a strong position in the consumer and agricultural segments . In addition, the bank offers its customers insurance products and investment funds. MONETA serves over 13% of the Czech population through an omnichannel distribution strategy that includes 154 branches and 555 ATMs, a market-leading digital banking platform, a call center, car dealerships, a construction and mortgage bank, brokers and leasing partners. .

with nearly 40% of them in senior management and nearly 50% in middle and junior management. As part of our diversity strategy, we are also focusing on the professional growth of women, which is why we are very proud of the fact that almost 60% of the total number of employees promoted were women,” added Klára Escobar, MONETA Group HRD.

To be eligible for inclusion in the Gender Equality Index, companies must publish relevant data that provides a comprehensive overview of their workplace and community gender equality activities and investments. where they operate. Bloomberg’s Global Benchmark Metrics then uses this information to benchmark gender equality across five pillars: Women in Leadership and Talent Development, Gender Pay Equity, Inclusive Culture, and Prevention and Policy. against sexual harassment, and branding in favor of women. Data on how companies address gender equality, among other issues, expands the range of environmental, social and governance data available to investors.

In 2020, the Bank set up its own control and advisory body for the Board of Directors called MON FAIR, which monitors gender diversity in the company, equal pay for men and women occupying the same positions , the diversity of employees or the inclusion of people with disabilities. Based on the activities of this committee, MONETA, for example, makes financial contributions to parents among its employees for childcare costs or to finance pre-school facilities.

The Bloomberg Gender Equality Index measures the gender equality behavior of companies in 45 countries and regions around the world. This year, a total of 550 companies aspired to be included in the index, including representatives from Colombia, Peru and Pakistan. In the end, Bloomberg included 418 companies from eleven industries from a total of 45 countries and regions in the 2022 index. MONETA was first included in 2020 and so far remains the only company in the Czech Republic to be included in the index.

For more information please contact:

Zuzana Filipová, mobile: +420 702 246 545, [email protected]

RP Beaufort

Jan Cihlář, +420 602 447 324, [email protected] or Media Service [email protected] and www.moneta.cz

MONETA Money Bank, as, which controls the MONETA holding company, is a leading independent Czech bank, serving its customers through its nationwide network of branches. The bank has been listed on the Prime Market of the Prague Stock Exchange since 2016. The bank has focused on a business model focused on retail and SMEs with a strong position in the consumer and agricultural segments . In addition, the bank offers its customers insurance products and investment funds. MONETA serves over 13% of the Czech population through an omnichannel distribution strategy that includes 154 branches and 555 ATMs, a market-leading digital banking platform, a call center, car dealerships, a construction and mortgage bank, brokers and leasing partners. .

Warning

Moneta Money Bank as published this content on March 21, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on March 21, 2022 08:27:04 UTC.

Public now 2022

All news about MONETA MONEY BANK, AS

Sales 2021 11,079 million
494M
494M
Net income 2021 3,597 million
160M
160M
Net debt 2021

PER 2021 ratio 11.9x
2021 performance 5.55%
Capitalization 43,844M
1,954 million
1,954 million
capi. / Sales 2021 3.96x
capi. / Sales 2022 3.42x
# of employees 2,988
Floating 60.5%

Chart MONETA MONEY BANK, AS


Duration :

Period :




MONETA Money Bank, as a technical analysis chart |  MarketScreener



Evolution of the income statement

To sell

To buy

Medium consensus SURPASS
Number of analysts 9
Last closing price

CZK85.80

Average target price

CZK109.27

Average Spread / Target 27.4%


[ad_2]
Source link

Comments are closed.