Bank liquidator Olavs Cers will offer to buy “Chevrolet Suburban”, “Volkswagen Sharan” and “Lexus GS 300” cars at auctions.
“Chevrolet Suburban” was registered in 2007, the mileage of the car is 298,830 kilometers.
The valuation of the property and the starting price of the auction is 9752.07 euros without value added tax (VAT). The auction step is 150 euros.
The first registration of the car “Volkswagen Sharan” is in 2012, the mileage of the car is 258,685 kilometers.
The valuation of the property and the starting price of the auction is EUR 5454.55 without VAT. The auction step is 100 euros.
On the other hand, the first registration of the car “Lexus GS 300” is in 2008, the mileage of the car is 223,259 kilometers.
The valuation of the property and the starting price of the auction is EUR 3636.36 without VAT. The auction step is 50 euros.
Auctions will end on August 24 at 1 p.m. The auction price of movable property is subject to VAT.
It has already been announced that the Court of Economic Affairs at the end of March 2023 satisfied the liquidation application of “Baltic International Bank” submitted by the Bank of Latvia. The bank has been recognized for liquidation from March 24, 2023.
The Financial and Capital Markets Commission (FKTK), which has been attached to the Bank of Latvia since this year, recognized “Baltic International Bank” on December 12, 2022 as a financial institution that has fallen into or is likely to fall into financial difficulties, and decided not to ” “Baltic International Bank” resolution, namely by not implementing measures to stabilize the bank’s operations.
According to the FCTK’s explanation, the operating strategy of “Baltic International Bank” did not meet the bank’s capabilities and was not feasible, therefore the bank did not provide a profitable business model for a long time. The bank also had serious weaknesses in internal governance, including in the areas of anti-money laundering and countering the financing of terrorism and proliferation.
“Baltic International Bank” in 2022, according to unaudited data, worked with losses in the amount of 26.773 million euros, which is 5.3 times more than in 2021. The bank’s assets amounted to 139.051 million euros on December 31, 2022, which is 33.8% or 71.12 million euros less than at the end of 2021.
The biggest shareholders of the bank are Valerys Belokon (38.13%) and Vilory Belokon (21.3%).
2023-08-06 16:35:13
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