The institution assured that it has sufficient funds in its account to settle the debts and pay a fine of millions in order to complete the syndication process
The institution assured that it has sufficient funds in its account to settle the debts and pay a fine of millions in order to complete the syndication process
June 19, 2024 - 2:30 PM
Almost two years after Bancrédito International Bank & Trust Corporation ceased operations, its parent company Bancrédito Holding Corporation requested the Office of the Commissioner of Financial Institutions (OCIF) to complete the liquidation process, while demanding “transparency” from the trustee assigned to its case, Driven Administrative Service, LLC.
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