AREB gets almost 3 mln euros for financing court expenses related to BPA scandal

BPA

The Government of Andorra submits a bill to the Parliament providing for the financing of court expenses of the State Agency for the Control of Banking Organizations (AREB) of Andorra (Pyrenees). The bill proposes to ratify the monetary fund in the amount of 2 982 150.46 euros allocated to AREB to cover costs associated with the scandal of Banca Privada d’Andorra (BPA) and its transformation into Vall Banc.

AREB has about 110 lawsuits related to the restructuring of BPA.

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