Komercni banka said on Friday that it had won its court case in the U.K. against the company at the center of the BCL Trading fraud, in which KB incurred a USD 250 mil. loss (fully provisioned in 1999). Although the court awarded KB the full amount of its claim (USD 100 mil.), the prospects of recovering the amount are very uncertain, therefore the news is neutral at the moment.
Jan Hajek