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Banca Tercas Banking. The General Court found. Mar 20 2019 The EU Court of Justice ruled Tuesday that the 2012 bailout of Banca Tercas by the Fondo Interbancario di Tutela dei Depositi FITD did not involve the use of state funds as the EU Commission investigation had determined. In April 2012 the Ministry of Economy and Finance placed Banca Tercas Tercas under special administration following irregularities identified by the Bank of Italy. Tercas-Cassa di Risparmio della Provincia di Teramo SpA Banca Tercas SpA Teramo Italy represented by.
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In 2013 an Italian bank Banca Popolare di Bari BPB expressed an interest in the subscription of additional capital in another Italian bank Banca Tercas Tercas which had been placed under special administration in 2012 as a result of irregularities identified by Banca dItalia the public. The ECJ upheld the GCs annulment of the European Commission the Commission decision prohibiting for breach of. La Banca iscritta allAlbo delle Banche presso la Banca dltalia autorizzata per le operazioni valutarie e in cambi ed aderente al Fondo Interbancario di Tutela dei Depositi e al Fondo Nazionale di Garanzia. Action brought on 29 April 2016 Banca Tercas v Commission Case T-19616 Language of the case. The rescue plan was devised after the Banca Popolare di Bari said it wanted to buy Tercas. The ratio was decreased to 7004 at 31 December 2014.
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Oct 30 2019 Tercas was a relatively small Italian bank put under special administration by the Italian Ministry of Finance on 30 April 2012 as a pre-insolvency procedure similar to the recovery phase mentioned above. Tercas authorised by the central bank of the Italian Republic Banca dItalia the Bank of Italy on 7 July 2014 const ituted unlawful and incompatible State aid which had t. 080 5274 751 - Sito web. The decision to grant the aid was explicitly approved by the Bank of Italy. In 2014 Banca Tercas banking group was acquired by Banca Popolare di Bari. Tercas-Cassa di Risparmio della Provincia di Teramo SpA Banca Tercas SpA Teramo Italy represented by. Finance placed Banca Tercas Tercas under special administration following irregularities identified by the Bank of Italy. Dec 23 2015 Banca Tercas is a small Italian bank with a market share of about 01 of total banking assets in Italy. In 2013 Banca Popolare di Bari BPB expressed an interest in subscribing to a capital increase in Tercas on condition. Oct 30 2019 Tercas was a relatively small Italian bank put under special administration by the Italian Ministry of Finance on 30 April 2012 as a pre-insolvency procedure similar to the recovery phase mentioned above. Dec 23 2015 The decision to support Banca Tercas can be attributed to the State FITD has apublic policy mandate and through its governance framework is controlled by the State.
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