The Deposit Insurance Fund got another CZK 1.2 bn from the bankrupt Union banka

Prague, 6 May 2010 – The Deposit Insurance Fund will obtain performance of 1.2 billion crowns from the assets of the bankrupt Union banka. The High Court in Olomouc denied the appeal of one of the creditors against the ruling of the Regional Court in Ostrava of last October. This removed the obstacle preventing the Deposit Insurance Fund from collecting its receivable from the settlement of relations from the bankrupt Union banka. The decision is final.

Published: 6.5.2010

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