The People's Bank of Serbia revoked Alta Banka's license due to a critical deterioration in its financial condition and liquidity problems. The regulator's supervisory measures did not improve the situation, and the bank's continued work directly endangered the interests of customers. According to the court's decision, the management of the financial organization is transferred to a deposit insurance agency, which will act as a bankruptcy trustee. Alta Banca depositors are fully protected by a state guarantee of up to €50,000; The payments of all insurance amounts will begin within 7 working days.

The People's Bank of Serbia revoked Alta Banka's license due to a critical deterioration in its financial condition and liquidity problems. The regulator's supervisory measures did not improve the situation, and the bank's continued work directly endangered the interests of customers. According to the court's decision, the management of the financial organization is transferred to a deposit insurance agency, which will act as a bankruptcy trustee. Alta Banca depositors are fully protected by a state guarantee of up to €50,000; The payments of all insurance amounts will begin within 7 working days.