Latvijas Krajbanka pays EUR 5 million to Deposit Guarantee Fund

  • 2017-09-27
  • LETA/TBT Staff
KPMG Baltic, the administrator of the to-be-liquidated Latvijas Krajbanka, has repaid another EUR 5 million to the Deposit Guarantee Fund, said KPMG Baltic spokesman Oskars Firmanis. He said that this year Latvijas Krajbanka has repaid EUR 10 million to the Deposit Guarantee Fund, and the total sum repaid to the Deposit Guarantee Fund has reached EUR 248 million so far, reducing its debt to the fund to EUR 223 million. Since Latvijas Krajbanka was declared insolvent, the administrator has recovered around EUR 260 million, of which around EUR 4.9 million...
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