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Amsterdam trade bank went bankrupt due to sanctions

... 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 ... ... no other comments. 26,000 depositors who keep millions of euros in the bank may become the victims of ATB's bankruptcy. The Netherlands has a system of guaranteed return of deposits. It is implemented by the state regulator. Each depositor, most of whom ...

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