November 8, 2012 / 9:28 AM / 5 years ago

Czech Komercni sees 60-70 pct dividend ratio this year

PRAGUE, Nov 8 (Reuters) - Czech bank Komercni Banka is able to have a dividend payout ratio of 60 to 70 percent of net profit this year, Chief Financial Officer Libor Lofer said on Thursday.

The bank, majority owned by France's Societe Generale , paid 64 percent of 2011 profit and 77 percent the year before. (Reporting by Jana Mlcochova; writing by Jan Lopatka; editing by Jason Hovet)

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