Komercni banka CEO A. Juan says in today's edition of the Prague Business Journal that KB will not pay a dividend in the short term and that he expects Societe Generale, the KB owner, will definitely not offer a buy-out to minority shareholders by 2004. Expected.
He also estimates that KB may this year, i.e. during its transformation process, achieve a net profit of some CZK 4 bil., which is slightly less than what Patria forecasts. KB will also create a new compensation scheme for employees based on the bank's results. Neutral.
(Jan Hajek)