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Court recovers $298 mln from investment bank's debtors

14:34 16/11/2011

MOSCOW, November 16 - RAPSI, Dmitry Shchitov. The court satisfied 121 lawsuits filed by Interregional Investment Bank to recover $298.20 million from debtors, the Deposit Insurance Agency, which acts as the bank's bankruptcy administrator, said in a report.

Interregional Investment Bank was established in 1994.

The Moscow Commercial Court found the Interregional Investment Bank bankrupt on February 2, 2010.

The agency said it submitted to courts 143 suits on recovering 9.67 billion rubles ($313.4 million) from the bank's debtors.

Earlier, the court extended until February 2, 2012 the Interregional Investment Bank's bankruptcy procedures.

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Court recovers $298 mln from investment bank's debtors

14:34 16/11/2011 The court satisfied 121 lawsuits filed by Interregional Investment Bank to recover $298.20 million from debtors, the Deposit Insurance Agency, which acts as the bank's bankruptcy administrator, said in a report.
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