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Devín refunds to begin in November

Clients of the recently crashed Devín banka are to have their deposits partially refunded beginning in six weeks; the 12 billion crowns in payments will be made at branches of the Slovenská sporiteľňa bank, using money borrowed by the Deposit Protection Fund from the central bank. Three previous Slovak bank crashes together cost the Fund only 8.3 billion crowns.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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