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Havilland Bank: Six more months for a heavy liquidation - Reporter.lu

Summary by Reporter.lu

The bank wants more time to recover cash. Closed in August 2024 by the financial sector regulator for governance and money laundering problems, the "Bank Havilland" does not want to die. The establishment intends to transform itself into a "ordinary" commercial company, which would allow it to manage its assets and interests once its creditors have been repaid. However, the latter question the bank's ability to return their funds in full.

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Havilland Bank: Six more months for a heavy liquidation - Reporter.lu

The bank wants more time to recover cash. Closed in August 2024 by the financial sector regulator for governance and money laundering problems, the "Bank Havilland" does not want to die. The establishment intends to transform itself into a "ordinary" commercial company, which would allow it to manage its assets and interests once its creditors have been repaid. However, the latter question the bank's ability to return their funds in full.

3 days ago·Luxembourg District, Luxembourg

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Reporter.lu broke the news in Luxembourg District, Luxembourg 3 days ago on Thursday, February 20, 2025.

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