Liquidated Factor Banka Posts EUR 340M Loss
Factor banka formed EUR 326.05m in impairments and EUR 26.80m in provisions last year.
Its total assets decreased from EUR 1.027b to EUR 533.16m.
Capital adequacy stood at 1.79% at the end of 2013, while ranging between -46.95% and 9.32% during the year.
The bank was liquidated in 2013 along with another small private bank, Probanka.