Internal restructuring of the PPF group: insurance-only holding created under CZI Holding NV
01/04/2007
Furthermore, the transfer of the majority interest in PPF banka, a.s. from CP to PPF Group NV was completed on December 20, 2006. This process was also a part of setting an insurance-only holding within the PPF group: PPF banka is no more a part of the group under CZIH and is directly held by PPF Group NV (having an interest of 92,75%; the City of Prague and small shareholders hold the remaining interests).