According to Standard & Poor's rating agency, Všeobecná úverová banka (VÚB) is still a vulnerable institution despite the fact that many bad loans have been carved out of the finance house. The agency said that the number of classified loans in VÚB's overall loan portfolio was still around 20%.
The state, as part of a 100 billion crown clean-up of the banking sector took 66 billion crowns of bad loans out of VÚB prior to its privatisation. In Mid-June the bank was privatised by Italian finance house IntesaBci.