20.1.2009
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News
Increased performance under insurance of deposits
The amendment to the Banking Act increases the maximum compensation provided under insurance of deposits to the amount equaling the equivalent of EUR 50,000. The new amendment took effect on 15 December 2008.
The depositor is entitled to receive the cited maximum amount as a compensation for insured receivables arising from deposits at one bank. In current practice, this means that all deposits of one depositor are added up in one bank for the purposes of providing compensation, including potential shares of accounts maintained for two or more co-owners. Performance is also provided under the above-mentioned cap of up to 100% of the aggregate amount of insured receivables and former depositor’s obligation to cover 10% of the amount has been cancelled.
Other articles
20.6.2025
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News
KŠB advised the seller on the sale of mcePharma to the Brenntag Group
The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.
18.6.2025
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News
KŠB Provided Legal Advisory in the Sale of ARETE Park Rokycany II to the REICO LONG LEASE Fund
Jiří Horník, Jakub Porod, and Yelizaveta Volodina assisted the ARETE group in the sale of the premium logistics complex ARETE Park Rokycany II. The buyer is the REICO LONG LEASE fund, managed by REICO Erste Asset Management. The fund primarily invests in logistics, industrial, retail, office, and other commercial properties, mainly in the Central European region.
17.6.2025
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News
KŠB and Smetanova Litomyšl – a partnership with impact
Last weekend, as partners of the Smetanova Litomyšl festival, we had the honour of attending the opening concert of the festival’s 67th edition, featuring the Czech Philharmonic conducted by Jakub Hrůša and the exceptional Norwegian violinist Vilde Frang.
