A Dutch court gave DSB Bank a weekend reprieve on Friday, saying it had until Monday to come to terms with a mysterious potential buyer from the United States, Dutch television reported.
The court had appointed administrators on Monday after a run on the bank drained 600 million euros in deposits in just 12 days.
The court gave DSB a one-day lifeline on Thursday to try and find a buyer, presumably one of the major Dutch banks that had nearly rescued it over the prior weekend.
But the bank's owner Dirk Scheringa said he was in talks with a potential U.S. buyer after talks with major Dutch banks failed and that he would need the weekend to try and close a deal. (Reporting by Ben Berkowitz and Harro ten Wolde)