Published 2 years ago

Amsterdam Trade Bank, part of Russia's Alfa Bank, declared bankrupt

Summary by Ground News

Amsterdam Trade Bank (ATB), a subsidiary of Russia's Alfa Bank, has been declared bankrupt. The bank had around 23,000 customers, of whom most are Dutch but 6,000 are German. According to filings at the Dutch Chamber of Commerce, the bank's ultimate beneficial owner is Mikhail Fridman.

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Reuters

Amsterdam Trade Bank, part of Russia's Alfa Bank, declared bankrupt

Amsterdam Trade Bank (ATB), a subsidiary of Russia's Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said on Friday, citing an Amsterdam District Court Ruling.

2 years ago·United Kingdom

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IBTimes

Amsterdam Trade Bank, Part Of Russia's Alfa Bank, Declared Bankrupt

Amsterdam Trade Bank (ATB), a subsidiary of Russia's Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said on Friday, citing an Amsterdam District Court Ruling. A statement on the DNB website said ATB depositors would be covered up to 100,000 euros ($108,000) each under the Netherlands' deposit guarantee system. The bank had around 23,000 customers, of whom most are Dutch but 6,000 are German, the DNB said.

2 years ago·United States

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Financial Post

Amsterdam Trade Bank, part of Russia's Alfa Bank, declared bankrupt

AMSTERDAM -- Amsterdam Trade Bank (ATB), a subsidiary of Russia's Alfa Bank, has been declared bankrupt, the Dutch Central Bank (DNB) said on Friday, citing an Amsterdam District Court Ruling. Read More

2 years ago·Canada

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Bloomberg Quint

Dutch Court Declares Bankruptcy of Russia-Linked Amsterdam Trade Bank

(Bloomberg) -- Amsterdam Trade Bank (ATB), a lender linked to Russia’s Alfa Group, was declared bankrupt in the Netherlands after it couldn’t make payments because of U.S. and U.K. sanctions against Moscow. Continue Reading. Read more on OnWeb by BloombergQuint.

2 years ago·Mumbai, India

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Algemeen Dagblad

Amsterdam Trade Bank, part of Russian Alfa Bank, declared bankrupt

The Amsterdam Trade Bank (ATB), a Dutch subsidiary of the Russian Alfa Bank, has been declared bankrupt. The bank itself had filed an application for bankruptcy after which the court in Amsterdam appointed trustees.

2 years ago·Amersfoort, Netherlands

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