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Amsterdam trade bank went bankrupt due to sanctions

... In fact, the credit institution found itself in a situation financial boycott, as many banking institutions and counterparties refused to cooperate with it. According to Financieele Dagblad, the local media, the management of Amsterdam Trade Bank (ATB) tried to sell the company. The bank, in which Russian businessmen owned a 42% stake, has been looking for an investor since the end of February. According to the available information, the deal did not take place. At the same time, the press service ...

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