Air Bank is a digital bank in the Czech Republic that serves private customers and small businesses. Its range includes current accounts, including accounts for children and teenagers, payment cards, savings and investment products, pension savings, personal loans, mortgages, overdrafts, insurance and business accounts. It is a regulated banking service, not software that an organisation runs on its own infrastructure.
Air Bank a.s. is registered in Prague and belongs to the PPF group. PPF is its majority shareholder, and its sole shareholders are members of the Kellner family; the group has moved its registered office to the Czech Republic. Because the bank and its owners are Czech, no non-European parent is involved. The bank's privacy information refers to the European data-protection framework, but it does not name the location of its data centres or cloud providers, so a European organisation should confirm hosting arrangements before entrusting sensitive business data.