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What about Kviku?

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1 opmerking

  • Lad

    You can see the news in the Overdue section in the Status column if you have any overdue loans. Usually, it's updated every month, e.g.:

    2024

    October 8

     1 706Recovered
     42 360 904Remaining
    50%-75%Expected recovery
    Expected time to be determined

    We’re negotiating a new agreement with a third party, as the previous option agreement signed has not brought the result we expected. The terms of the deal are being discussed now.

    September 5

     1 706Recovered
     42 360 904Remaining
    50%-75%Expected recovery
    Expected time to be determined

    The signing of the option agreement to buy the debt was concluded back in December 2023. Since then the buyer has performed some activities in order to assess the likelihood of exercising this option and overall still looks positively on exercising it. The process, however, takes longer. As a reminder, Kviku was not cooperative and instead used doubtful activities to avoid paying its debts. We’ll update you when we have new information.

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