Brief: Addiko Bank Says Ruling By Supreme Court Of The Republic Of Croatia Regarding CHF Clauses

Addiko Bank AG

01/10/2019 18:41

Oct 1 (Reuters) - Addiko Bank AG  ADKO.VI :
    * PTA-ADHOC: ADDIKO BANK AG: RULING BY THE SUPREME COURT OF
THE
REPUBLIC OF CROATIA REGARDING CHF CLAUSES
    * ADDIKO BANK -MANAGEMENT EXPECTS POTENTIAL PROVISION, IN
HIGH
SINGLE DIGIT MILLION EURO RANGE, TO BE REFLECTED IN Q3
    * ADDIKO BANK -EXPECTS LOAN CONTRACTS NOT CONVERTED INTO EUR
UNDER
CROATIAN CONSUMER CREDIT ACT 2015 POTENTIALLY AFFECTED BY
CROATIAN SUPREME COURT'S RULING
    * ADDIKO BANK-EXPECTS LOAN CONTRACTS NOT CONVERTED INTO EUR
UNDER
CROATIAN CONSUMER CREDIT ACT 2015 COULD BE SUBJECT OF INDIVIDUAL
CLAIMS FOR RESTITUTION

Source text for Eikon:  ID:nPexj6hCBa 
Further company coverage:  ADKO.VI 

 ((Reuters.Briefs@thomsonreuters.com;))