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 the German Ministry of Finance and the German Financial Supervisory Authority regarding this matter next week.
Kaupthing working on resolving Kaupthing EDGE issues in Germany
| Source: Kaupthing Bank