Amsterdam Trade Bank – “Daughter” of sanctioned Russian Alfa-Bank in the Netherlands declared bankrupt
Amsterdam Trade Bank N.V. (“ATB”) filed for bankruptcy On 22 April 2022, Amsterdam Trade Bank N.V. (“ATB”) filed for bankruptcy and was declared bankrupt by the Amsterdam District Court. UK and US sanctions have caused operational difficulties, as the majority of ATB’s counterparties, including corresponding banks and infrastructure providers, find it difficult to continue supporting…
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