Kaupthing hf 19 Sept 14: Interim Financial Statements for Jan-June 2014
The Interim Financial Statements for the period 1 January to 30 June 2014 have been published. Furthermore, a Supplementary Material to the Financial Statements has been published and contains updated overview of claims in addition to further analysis on each asset class. Available for download here.
KSFIOM Liquidators 21 Aug 2014: Progress Report to Creditors
Highlights at 9 July 2014
- 95.8p in the £ dividends paid to creditors
- £910.5m of assets recovered
- 92.1% of loan book recovered
- Estimated dividend outcome between 99.0p and 99.6p in the £
IOM Today 16 May 14: Permanent Bank has new MD in the Isle of Man
Permanent Bank International (PBI) has appointed Aidan Doherty to the role of managing director of its Isle of Man business.
Read more: IOM Today 16 May 14: Permanent Bank has new MD in the Isle of Man
KSFIOMDAG 15 May 2014: Welcome to our new site
We are pleased to announce that the upgrade of the site, which had become essential for security reasons, is now complete.
KSFIOM Liquidators 18 Jan 2013: Re interest payments to creditors in the event payments exceed 100%
Our current expectation for the final outcome for creditors is that it will be in the range of 97.2% to 99%. However, as the potential exists for the outcome to exceed 100%, the Committee of Inspection asked us to outline how interest would be calculated and prioritised should 100% be exceeded.