According to Finance Ministry spokesman Libor Vacek, amendments to the government’s KB guarantee agreement of December 2000 will definitely not add to the CZK 20 bil. in guarantees pledged to the bank. The Czech Press Agency reported that the amendments could specify (i.e., expand on) the amount of non-performing assets under guarantee. If this were the case, it would enlarge the bank's cushion and could be positive for the stock.
(Jan Hájek)