UPDATE 1-Dutch court gives DSB Bank more time for deal

Fri Oct 16, 2009 1:37pm EDT

* Court to hold case at very latest until Monday 0700 GMT

* DSB Bank founder talking to potential US buyer

* Talks with major Dutch banks failed on Thursday

(Adds court confirmation, DSB founder comment)

AMSTERDAM, Oct 16 (Reuters) - A Dutch court gave DSB Bank a weekend reprieve on Friday to agree terms with a mysterious potential buyer from the United States.

A court spokesman said it would hold the case "at the very latest" until Monday 0700 GMT, declining to give any further details.

The court had appointed administrators on Monday after a run on the bank drained 600 million euros in deposits in just 12 days. [ID:nLC637889]

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. [ID:nLF590153]

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.

"We are very happy we can go back to the table," Scheringa told reporters. Neither Scheringa nor the court identified the potential buyer. A spokesman for the administrators was not available to comment. (Reporting by Ben Berkowitz and Harro ten Wolde)

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