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Advertisement for sale of the right of claim (LUGANO CAPITAL)

News - July 9, 2024

Advertisement for Insolvent credit institution

Baltic International Bank SE

sale of the right of claim

Insolvent credit institution Baltic International Bank SE, reg. No. 40003127883 (hereinafter - Credit institution), legal address Kaleju Street 43, Riga, LV-1050, represented by administrator Linda Sniega-Svilāne (hereinafter - the administrator), announces that as part of Baltic International Bank SE insolvency process, it is planned to sell claims secured by a pledge against a company registered in Spain LUGANO CAPITAL E INVERSIONES SL, reg. No. B66914938. The amount of claim rights as of 30.06.2024. – 4 540 174.40 EUR.


All persons who wish to make a proposal to purchase the said right of claim are invited to submit a written offer by August 9, 2024 (the date of receipt) (the price of the offer for the purchase of the right of claim must not be less than 460 000.00 EUR). Additional information about the claim against LUGANO CAPITAL E INVERSIONES SL can be obtained by concluding a confidentiality agreement.


The proposal can be submitted to the administrator of the Credit institution by sending (delivering) it to Grecinieku Street 6, Riga, LV-1050, or electronically prepared and signed with a secure electronic signature to the e-mail address info@bib.eu.


The proposal for the acquisition of claim rights must state:


  1. for a natural person - name, surname, personal identity number, address, contact information (phone number, e-mail address), for legal entities - company name, registration number, legal address, contact person and contact information (phone number, e-mail address);
  2. price offer to purchase the right of claim, specifying the proposed purchase price in numerals and words in EUR currency, as well as the payment term.

If the offer meets the interests of the Credit Institution's creditors and is accepted by the administrator, the applicant will have to submit documents so that the Credit Institution can carry out checks in accordance with the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing and/or the Law on International and National Sanctions.

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