The Czech National Bank wishes to point out that AGM Investment Bank International Ltd., which is offering financial market services in Czech via a web presentation at www.cz.agmbank.com, has no authorisation from the Czech National Bank to carry out such activities. Although the company distances itself in its web presentation from the offering or provision of banking services and foreign exchange transactions in the Czech Republic, it is clear from the content of the web presentation that the said offer of services is targeted at citizens of the Czech Republic and that the services offered fall within the activities that require authorisation from the Czech National Bank. Likewise, the company’s claim that all its financial and banking products are offered on the basis of a banking licence granted in the Comoros Islands in no way authorises the company to offer and provide such products in the Czech Republic.
CNB Communications Department