A bankrupt financial institution can not promote a home close to Milda

The property at 11 Raiņa Boulevard in Riga consists of a plot of land on which a financial institution constructing is positioned, a warehouse on the bottom ground and a basement underneath the yard. The premises are leased to long-term tenants. Web rental earnings is 200,000 euros per 12 months.

The beginning value for the property valuation and value survey is now €4.45 million, up from €4.65 million beforehand, in addition to €4.85 million and €5.5 million in earlier value surveys. The worth doesn’t embrace movable property.

These can apply to take part within the value survey till June 28, 2024.

It has already been reported that the actions of PNB Banka have been suspended on August 15, 2019, and on September 12, the courtroom of the Vidzeme suburb of Riga declared PNB Banka bancrupt. Vigo Krastins has been appointed administrator of the financial institution insolvency course of.

The actions of PNB Banka have been suspended with a view to forestall the outflow of financial institution funds.

On August 15, 2019, the European Central Financial institution (ECB), because the direct supervisor of PNB Banka, determined to acknowledge PNB Banka as a monetary establishment that has fallen or will face monetary difficulties, and the European Council, by a single decision, determined to not regulate PNB Banka, that’s, to not take measures to stabilization of the financial institution’s work. The ECB made the next determination after discovering that the financial institution was not in compliance with regulatory necessities and after assessing the financial institution’s monetary place.

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Bearing in mind the above, the Monetary and Capital Markets Fee, connected to the Financial institution of Latvia since 2023, determined to droop the availability of economic companies at PNB Financial institution and determined to make deposits unavailable.

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2024-06-03 09:17:45

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