RIGA – The administrator of the to-be-liquidated Latvijas Krajbanka, recovered EUR 7.198 million in 2017, according to a report published in the official gazette Latvijas Vestnesis.
In December 2017 the administrator recovered EUR 123,223. The whole sum was recovered from the loans issued by the bank.
The costs of the Latvijas Krajbanka insolvency procedure has totaled EUR 173,519 in December, and EUR 1.717 million in full 2017.
The bank’s capital was negative at minus EUR 499.342 million in late December.
Latvijas Krajbanka’s assets at the end of last year stood at EUR 33.574 million.
The banks debt to the Deposit Guarantee is at EUR 223.945 million in late December, which is the same as a month ago.
On November 21, …
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