Argentina: Banking strike announced for 14 April 2016
Clearstream Banking1 wishes to inform its customers of a planned 24 hour strike in the Argentine banking sector on
14 April 2016
Impact on customers
Clearstream maintains customers’ securities in a direct account at the local CSD, Caja de Valores S.A., but it is possible that settlements with local bank counterparties and also cash repatriation instructions (ARS to USD) could be delayed by the strike action.
Clearstream Banking will continue to monitor the situation with Caja de Valores S.A., as CSD, and with its local Cash Correspondent Bank, Citibank Argentina.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.