Fio bank

The two owners of the bank are also founding members of Fio. They enjoy an intimate relationship with the company and have maintained a strategy of sustainable growth combined with moderate profit generation for nearly 20 years. Fio banka also reaps the benefits of long-term stability in top-level management. Fio banka develops its internal banking system using efficient development methods. These efforts allow the bank to flexibly respond to new trends and quickly innovate its services. Fio banka places exceptional emphasis on low operating costs and maximum use of automation, allowing it to provide standard banking services at absolutely no charge. Fio banka's main source of income is not bank fees; rather it is the difference between interest collected on provided loans and interest paid on deposits. Investment services are another source of income. Fio banka offers its clients online trading on stock exchanges in the Czech Republic, Europe and the USA. The bank itself does not actively trade stocks or other securities on exchanges, meaning that any fluctuations in the market have no impact on the bank's stability. . 1993 Fio Financial Group established 1996 Services expanded to include a credit union 1997 Start of online stock trading on the Czech market (e-Broker) 1998 Fio, drustevn zlona launches the first internet banking in the Czech Republic 1999 First online trading of US stocks launched in the Czech Republic 2001 Services expanded to include online trading in Germany 2002 Start of foreign expansion as a securities broker in Slovakia 2003 Entry into Polish market in partnership with a leading Polish brokerage house 2004 Fio, burzovn spolenost, a.s. becomes the first Czech member of the German XETRA exchange 2004 Fio, drustevn zlona meets the unified EU conditions for savings and credit unions 2006 Fio, drustevn zlona becomes a member of the inter-bank payment system in the Czech Republic 2006 Entry into Hungarian market along with access for clients to the Budapest Stock Exchange 2006 Purchase of 100% share of the off-market securities exchange RM-SYSTEM, a.s. completed 2008 Start of online trading on the Warsaw Stock Exchange 2008 Fio, sporiten drustvo, organizational branch of Fio, drustevn zlona, starts offering banking services in Slovakia 2008 Fio, burzovn spolenost, a.s. requests a bank license from the Czech National Bank 2008 RM-SYSTEM becomes the RM-SYSTEM, esk burza cennch papr a.s. stock exchange 2009 Fio Financial Group takes first prize in the prestigious Zlat Mec 2009 competition for the categories of Banks and Credit Unions and Securities Brokers in the Czech Republic 2010 Fio, drustevn zlona defends its first place in the Zlat Mec competition in the Banks and Credit Unions category 2010 Fio, burzovn spolenost receives a bank license in May and becomes Fio banka. 2010 Fio banka completes the Fio, drustevn zlona bank services integration project in its product portfolio and as of 1.9. it has offered traditional banking products in addition to investment services 2010 Fio banka in September begins providing online loan contracts in various currencies 2010 Fio banka in October is named the best Bank for Entrepreneurs 2011 Fio banka in January launches a service to open bank accounts online2011 Fio banka in February presents new solution for foreign payments and joins the PayMyway (now PayU) system for fast and safe online payments 2011 Fio banka named in February the best bank and securities broker in the Zlat Mec survey 2011 Fio banka in March becomes a member of the Czech Banking Association 2011 Fio banka bring the unique Smartbanking application to the market in May 2011 Fio banka excels in June in the Zlat koruna 2011 competition 2011 Fio banka named Broker of the Year 2011 in May and also takes home a win in the category of "Czech Stocks" 2011 Clients first offered the ability to margin trade on the Warsaw Stock Exchange starting in October 2011 Fio banka named the Most Dynamic Bank of 2011 in November 2012 Fio banka named most accommodation bank for 2011 in January and launches a new version of Smartbanking 2012 Fio bank in February defends its first place finish in the Zlat Mec 2012 survey, becoming the best financial institution in two categories: Banks & Credit Unions and Securities Brokers. 2012 Fio banka begins issuing its own payment cards in June, including contactless PayPass technology 2012 Fio banka excels in June in the Zlat koruna 2012 competition Fio banka takes home first place in four categories - Accounts, Business Accounts, Securities Brokers and the Business Award 2012 Fio banka releases a new version of the Smartbanking application in August enabling payment card management 2012 Fio banka wins in October in Hospodsk noviny's Best Bank 2012 awards it the category of Banking Innovator 2012 Fio banka takes 1st place in Fincentrum's Bank of the Year 2012 survey for Account of the Year and Most Dynamic Bank of the Year 2013 Fio banka named the most accommodation bank of the year for 2012 in January, defending its 1st place finish from 2011 2013 Fio banka once again takes home first place in the Zlat Mec 2013 survey in the categories of Banks & Credit Unions and Securities Brokers. 2013 Fio banka in February releases the new Smartbroker application offering clients the ability to invest using their smartphones 2013 The Fio API Plus application is rolled out in March providing all clients with automatic data acquisition capability 2013 Fio banka recognized as the best Czech securities broker in April in the Broker of the Year 2013 survey 2013 Fio banka releases the Smartbroker program for tablets and adds QR code capability to Smartbanking in May 2013 Small and medium enterprises select the Fio business account as the second-best financial product in May in voting for the Zlat koruna 2013 business competition 2013 Fio banka launched automatic payment order support using Fio API Banking in June 2013 Fio banka wins three golds, one silver and two bronze awards in June in the Zlat koruna 2013 competition. Fio personal account named 'personal account of the year' and Fio business account is named 'business account of the year'. 2013 Fio banka wins in September in Hospodsk noviny's Best Bank 2012 awards it the category of Banking Innovator for contactless paymentcard 2013 In september number of clients of Fio banka exceeded 300.000! 2013 In October Fio banka launched a new mobile website for mobile phones and tablets 2013 In October had made available Fio Smartbanking for smartphones running Windows Phone 2013 In October Fio banka simplified contractual documentation and the framework agreement for a personal account includes 1 sheet of A4 and also launched open a personal account from anywhere using a courier for free 2013 In November Fio Financial Group celebrated 20 years and introduces the ability to choose the number of new personal and business account 2014 From January provides Fio banka American mortgages, which allow clients to finance almost anything 2014 Fio banka became the Friendliest bank for 4.Q 2013 rating OVB Vstcn banka 2014 Fio Bank became the Friendliest bank for full-year 2013 rating OVB Vstcn banka 2014 In February introduced Fio banka payment cards VISA 2014 In March Fio banka extended the services of SEPA payments and introduced 9 new world currency. 2014 Fio banka launched new campaign in May, starring Jakub Kohk , warning about foreign banks' absurd fees and showing advantages of Fio banka's products 2014 Fio banka was awarded 10 prizes in Zlat koruna 2014 competition. 4gold, 3silver and 3bronze in total. First places were taken by Fio current account, Business account , Smartbanking a Business account in Businessmen award 2014 in June introduced guaranteed rates of mortgages, thanks to which clients now in advance which rate they are entitled at 2014 opens its 75th branch office, this time in Prague - Luiny 2014 incoming and outgoing Europayment become cheaper from August, now it costs 20CZK 2014in Augustintroduces a thirdoverdraftrate, whichis free of chargefor the deliveryandannualrenewal, andallows clients toapply foran overdraft online. Newly, also new client can also apply for overdraft 2014 by the end of August Fio banka has over 400 thousand clients 2014 in September wins title of Banking Inovator 2014 with its free account in 15 currencies in Hospodsk noviny competition Best bank 2014 2014 at the beginning of November Fio banka is awarded by title Nejvstcnj banka for 2nd quarter of 2014 2014 Fio banka took first place in prestigious review of Fincentrum Bank of the year in Account of the year category. Fio banka was also third in The most dynamic bank and Mortgage of the year categories 2015Fio banka introduces new generation of Internetbanking in January 2015 in March Fio banka significantly cheapen mortgages, minimal fix rate newly makes 1,99% p.a., without necessity of having any additional services or insurance 2015Fio banka wins title of Nejvstcnj banka of the year 2014, fourth in a row 2015 Fio banka was awarded 9 prizes in Zlat koruna competition. 6 gold and 3 silver in total. First places were taken by Fio current and business account, business loan, aplications Smartbanking and e-Broker. Fio business account has alwo wonBusinessmen award. 2015 in June Fio banka celebrated 5 years as a bank and reached 500 000 clients 2015 from June Fio banka allows usage of fingerprint for login or authorization thanks to Touch ID function 2015 thanks to new Investment agreement is now possible to ask for margin online Bank account fees?