Nobody wants the bank of Quaestor
Some months before the crash of Quaestor the Central Bank gave the holding lead by TarsolyCsaba permission to buy the Credigen Bank, which is the local sister company of the French company Crédit Agricole, which is pulling out of the bank industry. This has been renamed later and the liquidator has tried to sell it after the crash of the holding.
Now the fifth liquidation process has been closed. There has not been any buying offer submitted. The internet site www.24.hu reported that they will not try to sell anymore but they start the liquidation process. After having wound down the bank the remaining capital will be free to compensate the Quaestor-victims.
The Quaestor Bank is practically an empty financial institution. According to news one year ago the bank has got merely 2 remaining clients. Quaestor’s values are only their financial permissions and its own capital totals approximately 2.1 billion HUF. However it is not a funny business to run this bank because 2 years ago its financial loss aggregated 345 million HUF.
When the liquidation process starts, the rest of the own capital of the Quaestor Bank will be distributed among the victims.
Translator: Bendeguz Kovács 18.03.2017.