SKOK Nike declared bankrupt

SKOK Nike credit union was declared bankrupt, Financial Supervision Authority (KNF) said. KNF suspended operations of SKOK Nike on June 2 and filed for its bankruptcy. At end-March the union had PLN 24.1 million in negative equity, and PLN 124 million in deposits. It had PLN 1.54 million losses on top of PLN 45.6 million in…

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