[1] In 1993, the National Property Fund did not participate in the increase of the registered capital of IPB and the state lost a majority stake in the bank.
As the bank's financial situation was unsustainable, Nomura increased its share capital by CZK 6 billion and issued subordinated bonds in the same amount, which was supposed to stabilize IPB.
[1] In order to avoid the need to create provisions, IPB carried out operations to reduce credit risk.
In February 2000, the Czech National Bank identified multiple deficiencies in IPB, which appealed against the findings and filed objections against individual points.
IPB stated that it is taking steps to reduce credit risk and increase the bank's share capital by CZK 13.4 billion.