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Bank's lending portfolio sale transaction was completed in less than 6 months with FSQUARE coordination of the process. In scope of the transfer was all Danske Bank's Latvian lending portfolio that contained term loans, leasing agreements and guarantees. All the customers with their outstanding balances were transferred to Luminor Bank and Luminor Leasing respectively. Banking portfolio sale transaction is never an easy task. Tendering, due diligence and signing a contract is

FSQUARE team is proud to be part of the deal between Danske Bank and Luminor Bank on the business lending portfolio sale supporting on a due diligence, tendering processes and concluding this cross-border contract for a Seller. Read more here: Luminor acquires part of Danske Bank’s corporate loan and leasing portfolio in Latvia | Luminor. FSQUARE team members have already executed 6 similar M&A banking portfolio transactions previously. However, this time is a special one. Fi

FSQUARE has helped our client Danske Bank A/S to close down its legal entity in Russia. Proper closure of a bank is quite a delicate task, requiring holistic knowledge in core banking principles, IT processes, legal & compliance regulations, intensive risk and stakeholder management. FSQUARE role was to assist in orchestrating and supervising IT part of the bank closure, including IT infrastructure & applications decommissioning, also data management tasks in order to keep th