KB yesterday presented fairly neutral nine-month IAS figures. For more details, see our comment sent yesterday. Apart from the figures, worth mentioning was the estimate made at the presentation by KB board member Tomas Spurny that full-year provisioning could stand at CZK 8.6 bil., i.e., less than the CZK 9.6 bil. officially projected by KB’s board in September. KB closed slightly weaker yesterday. We do not change our KB investment recommendations (short-term hold, long-term accumulate) and our target price (CZK 955).