Pragobanka

The Czech National Bank decided to revoke the banking licence of Pragobanka, a.s. Pragobanka a.s. filed an appeal against this decision but withdrew it in the past few days. The decision thereby came into force effective 24 October 1998.

The CNB in agreement with the Ministry of Finance has informed the Deposit Insurance Fund that all legal terms for the payment of remuneration for the insured deposits of the clients of Pragobanka, a.s. have been met. The public will be informed about the dates and method of remuneration by the Deposit Insurance Fund.

CNB - Public Relations Department