KPMG Baltics, the administrator of the to-be-liquidated Latvijas Krajbanka, recovered EUR 2.141 million in August 2017, which is 4.1 times more than a month before, informs LETA, according to a report published in the official gazette Latvijas Vestnesis.
 |
|---|
In August 2017, the whole sum was recovered from loans.
This brings the total amount recovered in the first eight months of this
year to EUR 4.86 million.
The costs of the Latvijas Krajbanka
insolvency procedure totaled EUR 234,900 in August and EUR 1.204 million in the
first eight months of this year.
The bank’s capital was negative at minus EUR 499.619 million in late
August.
Latvijas Krajbanka‘s assets at the end of August stood at EUR 38.382 milli…
Read the full article at: http://www.baltic-course.com/eng/finances/?doc=133353