Press release
The statutory mandate of the Administrative Committee
appointed by the MSAR government on account of the special intervention
measures imposed on Banco Delta Asia, S.A.R.L. (the
Bank) expires on 28 September 2007. In view of the remarkable improvement
made in the Bank’s management by the joint efforts of the Administrative Committee
and the relevant parties concerned during the period of intervention and the persistent
requests of Mr. Stanley Au, the original shareholder, for resumption of management
control over the Bank, the MSAR government has decided to allow the special
intervention measures to lapse and to return the management control of the Bank
to its original shareholder, effective from 29 September 2007. The Monetary Authority will, as usual,
perform the necessary supervisory duties to safeguard the interests of depositors
and to maintain the stability of the financial system of MSAR.
Monetary Authority of Macao
28 September 2007