ČSOB opened its new headquarters in Prague-Radlice

Prague - Czechoslovak Commercial Bank, which is the largest domestic bank by assets, today opened its new headquarters in Prague-Radlice. The bank is moving from the center of Prague to the largest administrative building in Prague, designed by architect Josef Pleskot.
    The bank's headquarters is gradually relocating from Prague's Příkop to Radlice since April 2nd, and the entire process should conclude by the end of May. The official address change and registration in the registry should take place by June 15th, said the bank's spokesperson Milan Tománek.
    Other large banks do not plan to relocate. Czech Savings Bank is located in Prague 4, and Komerční Banka is in the center of Prague on Příkopech.
    Some subsidiaries of ČSOB will also move into the building. For instance, the headquarters of the Mortgage Bank will make the move in the second half of August. However, Czech-Moravian Building Society will remain in Prague 10.
    The ČSOB building, which is considered by some assessments to be one of the most environmentally friendly in all of Europe, has a total area of 82,000 square meters. This is equivalent to four administrative buildings the size of Danube House at Hlávkův Bridge on the Vltava waterfront or one third of Wenceslas Square.
    Six five-story pavilions, four atriums, and two courtyards were constructed by Skanska CZ in two years at a cost of 2.2 billion crowns. Including the furnishings, the new headquarters cost the bank 2.95 billion crowns. For the construction, the bank used funds obtained from the sale of ten buildings in the center of Prague for 3.2 billion crowns last January.