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The Fund said that subsidy arises from the difference between the acquired liabilities guaranteed funds, and the acquired property rights of unions, calculated on the basis of the financial statements of the Fund as at the date of acquisition.
The Fund also signed an agreement with a bank guarantee to cover the bank’s losses resulting from acquired property rights.
Alior Bank took over the management of the assets of the credit unions in mid-August 2014.
According to previous information, the value of the assets of credit. St. John of Kety was 0.22 percent. Alior Bank’s asset value.
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