Biggest bank failure in Czech history: IPB collapses a quarter of a century ago

Name: Biggest bank failure in Czech history: IPB collapses a quarter of a century ago
Uploaded: 2025-06-20T07:50:53+00:00
Channel: Martin Hladík
Description: In June 2000, Czechia experienced the biggest banking crash in its history. The Investment and Postal Bank (IPB), once the third largest bank in the country, found itself in a deep crisis, ultimately resulting in a dramatic intervention by the state. Following the 1989 revolution, Czech banks grew rapidly, handing out loans easily and without

Photo: David Neff, MFDNES + LN / Profimedia

In June 2000, Czechia experienced the biggest banking crash in its history. The Investment and Postal Bank (IPB), once the third largest bank in the country, found itself in a deep crisis, ultimately resulting in a dramatic intervention by the state.

Following the 1989 revolution, Czech banks grew rapidly, handing out loans easily and without sufficient oversight.

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