Amsterdam Trade Bank, part of Russia's Alfa Bank, declared bankrupt
- Economy
- Reuters & AFP
- Published Date: 07:13 | 22 April 2022
- Modified Date: 08:43 | 22 April 2022
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.
In a statement on the Dutch Central Bank's website it said that ATB depositors would be covered up to 100,000 euros ($108,000) each under the country's deposit guarantee system. The bank had around 23,000 customers, the DNB said.
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