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The German bank IKB receives seven billion | Finweb.sk
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The German bank IKB receives seven billion
The European Commission approved state aid for IKB Deutsche Industriebank to seven billion euros. Additional pos software financial support was essential to ensure bank liquidity and protect the financial stability of Germany. According to the Commission, Germany committed itself to three months, provide a revised restructuring plan IKB. "This assistance will provide cash to banks for months and will continue to lend its economy," she wrote in a report Union Commissioner for Competition Neelie Kroes. German authorities have undertaken revised restructuring plan for the bank to reflect changes in the overall economic climate, the Commissioner added. pos software She promised that the commission plan and assess in detail and quickly.
IKB is a medium-sized private bank, which focuses on medium-sized enterprises. It is the first bank in Germany, which receives pos software state aid for settlement of claims, which in 2007 led to bad investments in securities.
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