Sanctions

Komerční banka, a.s., a branch of a foreign bank that is part of the Societe Generale group, is committed to applying the highest standards and is responsible for complying with all international sanctions and embargoes imposed by the United Nations and the European Union based on the Slovak Republic's membership in these organizations, all national sanctions and embargoes that are legally binding and enforceable for Slovakia, as well as relevant restrictions and embargoes imposed at the national level by third countries, such as France, the United States of America (OFAC) and the United Kingdom of Great Britain and Northern Ireland. As a subsidiary of the Societe Generale group, Komerční banka is obliged to comply with the sanctions programs of all countries in which the group operates. It is committed to applying the highest standards in order to comply with international economic sanctions.