An article in the Czech Euro weekly magazine says that KB is expecting around a CZK 1 bil. loss this year. A loss—a potentially large one—is generally expected by the market. A loss is inevitable if the bank’s management adopts an aggressive attitude towards cleaning the bank’s loan portfolio, and such a loss would not be necessarily bad for the bank. The size of the loss will also depend on the bank’ success in negotiating its tax liability with the Finance Ministry.