Iceland says good chance Landsbanki assets cover IceSave
REYKJAVIK (Reuters) - Iceland's government said on Wednesday it believed there was a good chance the assets of Landsbanki, now taken under government control, would cover deposits made by savers in Britain in IceSave.
"There is a good probability that the total assets of Landsbankinn will be sufficient to cover the deposits in IceSave," Prime Minister Geir Haarde said in a statement.
"The governments of the two countries will immediately review the matter in detail through official channels with a view to finding a mutually satisfactory solution."
Icesave suspended operations on Tuesday and stopped customers from withdrawing or depositing money.
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