| Opening of the SPRON branches will be delayed |
| Friday, 03 April 2009 20:55 |
 Now it is clear that MP Bank will not be able to open three branches of SPRON on Monday, April 6th, as was planned when the agreement was made with the liquidating committee of SPRON about the purchase of MP Bank of the netbank and the branch network of SPRON. The agreement about the purchase of MP Bank of the branch network of SPRON was made with the disclaimer about the approval of the financial supervisory administration and competition administration. The CA has already approved MP Bank a waiverto start operations beforethe administration treat the purchase finally butsince the approval ofthe FSA is still not at hand it has come clear that it will not be possible to open the branches of SPRON as soon as hopes were for. In the announcement from MP Bank saystha the employees of the bank have noticed an enormous interest amongs the employess and clients of SPRON of the planned reopening of the brances on Skolavordustigur, Seltjarnarnes and in Borgartun. MP Bank has not declared a new date on the opening at this time but in the announcement says that it is clear that it will take the employees of MP Bank and SPRON a few days to prepare the reopening of the branches after the approval of the FSA is at hand. There will be emphasis on speeding this process up as much as possible.
News Article by noname Translated by Anya Original Article in Icelandic
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