On withdrawal of insolvent “Latvijas Krājbanka’s” banking licence
On 10 May 2012, the Board of Financial and Capital Market Commission (hereinafter – the Commission) resolved to withdraw a credit institution operating licence granted to the joint stock company “Latvijas Krājbanka” (hereinafter – the Bank).
The above decision was made based on the Riga Regional Court’s decision of 8 May 2012 to launch the Bank’s bankruptcy proceedings.
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