The situation in IPB

With reference to the media speculation about the banking supervision proceedings vis-ŕ-vis IPB, the Czech National Bank states that the on-site examination in IPB, which has not yet been completed, is part of the routine activities of the regulator undertaken periodically in all domestic banks. Any speculation derived from this situation by the press has no foundation in the central bank's standpoints. The information claiming that the CNB Board has discussed the imposition of conservatorship in IPB is not true.

M. Tománek
CNB Spokesman