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Letter sent on 18 December 2009 to depositors who held deposits in Kaupthing Edge Germany

Written 12/23/2009 at12:27 PM

Dear Sir/Madam Your name is on a list from Kaupthing Bank hf., containing information on depositors who held deposits in Kaupthing Edge Germany. The Depositors’ and Investors’ Guarantee Fund has received several claims from depositors of Kaupthing Edge Germany where accrued interest in relation to the deposits is claimed. Kaupthing Bank had sufficient funds to repay all deposits to depositors of ...

Deadline extended

Written 8/21/2009 at3:34 PM

On the 23rd of July the Minister of Business Affairs extended the deadline for the Depositor's and Investor’s Fund (TIF) to remit payments to deposit owners for three months, according to Article 7 of the regulation on Deposit Guarantees and Investors Compensation Scheme.

Deadline extended

Written 5/4/2009 at2:02 PM

On the 24th of April the Minister of Business Affairs extended the deadline for the Depositor's and Investor’s Fund (TIF) to remit payments to deposit owners for three months, according to Article 7 of the regulation on Deposit Guarantees and Investors Compensation Scheme.

Notification from the Depositors’ and Investors’ Guarantee Fund

Written 3/31/2009 at12:03 PM

On 9 March 2009 the Icelandic Financial Supervisory Authority assumed the powers of a meeting of the shareholders of Straumur- Burdaras Investment Bank hf., immediately suspended the Board in its entirety and appointed a Resolution Committee. The Resolution Committee made a decision of closing the bank that day. It is the opinion of the Financial Supervisory Authority, Iceland (the FME) that on th...

Deadline extended

Written 1/26/2009 at4:15 PM

The Minister of Business Affairs has on 26. January 2009 extended the deadline for the Depositor´s and Investor´s Guarantee Fund (TIF) to remit payment to deposit owners for three months, according to Article 7 of the regulation on Deposit Guarantees and Investors Compensation Scheme.

Kaupthing Edge claims

Written 12/11/2008 at5:06 PM

The Depositor´s and Investor´s Guarantee Fund in Iceland has received thousands of claims from German customers of Kaupthing Egde. The Fund is still in the process of registering and filing all these claims along with answering requests from customers by phone and e-mail. (The Fund would like to point out that all customers of Kaupthing Edge will receive a confirmation of acceptance of a claim as ...

Notification from the Depositor´s and Investors´Guarantee Fund:

Written 12/3/2008 at3:17 PM

The icelandic Depositor´s and Investors´Guarnatee Fund would like to announce that officials from the icelandic, german and dutch Depositor´s and Investors´Guarantee fund have a joint meeting on December 3rd in Haag, Netherlands to discuss the matter of deposits owners in icelandic branches and the governments are confident that a satisfying conclusion will be reached. Hopes are that there will be...

Press release from Kaupthing Bank

Written 11/14/2008 at3:03 PM

Kaupthing working on resolving Kaupthing EDGE issues in Germany:Kaupthing's Resolution Committee has in recent weeks worked on an agreement with the German government on paying deposits back to customers of Kaupthing EDGE in Germany, and it is hoped that payments can be made within the next few days or weeks. Representatives of Kaupthing's Resolution Committee will meet with representatives of...

Assignment of claims

Written 11/11/2008 at3:36 PM

The meaning of the sentence, "By accepting compensation from the Fund, I therefore assign my claim against the bank or bankruptcy estate concerned to the Fund in respect of the amount compensated" is following. If a customer had more than EUR 20.887 on his bank account, when the bank was, in the opinion of the Financial Supervisory Authority, unable to render payment to customers, then he can clai...

Anspruchsabtretung

Written 11/11/2008 at3:35 PM

Auf dem Antragsformular um Erstattung aus dem Isländische Einlagensicherungsfond findet man in englischer Fassung den folgenden Text: „"By accepting compensation from the Fund, I therefore assign my claim against the bank or bankruptcy estate concerned to the Fund in respect of the amount compensated". Die Bedeutung dieser Satzes ist folgende: Mit Annahme der Bezahlung aus dem Einlagensicherungsfo...