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Latest Baltic States Banking News

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  • Hungarian central bank cuts key interest rate half a point to 6.5 pct, lowest since June 2006 23 Nov 2009 14:35 GMT
    ... (AP) - The National Bank of Hungary said Monday ... was widely anticipated and means that Hungary's central bank has now reduced its benchmark rate by ... such as the Czech Republic, Slovakia and Lithuania, posted growth in the third quarter, Hungary ...

  • Hungary Central Bank Cuts Key Rate To 6.5 Percent 23 Nov 2009 14:50 GMT
    ... The National Bank of Hungary said Monday that it ... was widely anticipated and means that Hungary's central bank has now reduced its benchmark rate by ... such as the Czech Republic, Slovakia and Lithuania, posted growth in the third quarter, Hungary ...

  • Latvia c.bank says no interventions in FX market 23 Nov 2009 09:18 GMT
    ... RIGA, Nov 23 (Reuters) - Latvia's central bank said on Monday it did not make any foreign exchange interventions last ...

  • Estonia euro adoption 'possible' in 2011, says EU's Almunia 23 Nov 2009 14:50 GMT
    ... Tallinn - Estonia's hopes of becoming the next European Union ... Monetary Affairs Commissioner Joaquin Almunia suggesting the Baltic state could receive an invitation to the eurozone ... on Estonia's plans. Officials from the European Central Bank and European Commission are expected to make ...

  • EU's Almunia sees Estonia euro OK in June - report 23 Nov 2009 08:46 GMT
    ... VIENNA, Nov 23 (Reuters) - The Baltic state of Estonia could secure approval in June 2010 to adopt ... the euro zone),' Almunia said. Estonia's deputy central bank head Marten Ross said last week the ...

  • Melngailis: Parex banka will seek up to LVL 100 mln from the state to make next syndicated loan payment 23 Nov 2009 11:50 GMT
    ... Melngailis admitted that the bank would need government aid for the due ... went on to say that if the Latvian Privatization Agency together with the task force ...

  • Rebalancing in the Baltics: A Preliminary Assessment 23 Nov 2009 16:17 GMT
    ... tune of 15.9%, 15.4% and 10.5% in Lithuania, Estonia, and Latvia respectively. The average quarterly current account deficit ... be well acquainted with travails of the Baltic economies (and in particular, the near collapse ...

  • EU recession over but sharp contrasts in East 23 Nov 2009 05:12 GMT
    ... the stark lot of countries such as Latvia or Hungary, where the economies have been ... PricewaterhouseCoopers, said. "Countries like Bulgaria or the Baltic states, which are heavily dependent on foreign ... he said. The Baltic trio of Latvia, Lithuania and Estonia had earned reputations as tigers ...

  • Del Bosque poised to extend his Spain contract 23 Nov 2009 14:50 GMT
    ... Jakarta - Indonesia's president on Monday called for corruption ... reporters on Monday, after a meeting of the bank's monetary policy council. The central bank issued ... bank issued a statement c... Tallinn - Estonia's hopes of becoming the next European Union ...

  • US astronauts begin spacewalk after one-hour delay 23 Nov 2009 14:50 GMT
    ... Jakarta - Indonesia's president on Monday called for corruption ... reporters on Monday, after a meeting of the bank's monetary policy council. The central bank issued ... bank issued a statement c... Tallinn - Estonia's hopes of becoming the next European Union ...

  • Four dead as Italian military plane crashes during training flight 23 Nov 2009 14:50 GMT
    ... Moscow - Volkswagen subsidiary Audi has started assembling cars in ... reporters on Monday, after a meeting of the bank's monetary policy council. The central bank issued ... bank issued a statement c... Tallinn - Estonia's hopes of becoming the next European Union ...

  • Norway-2009 Article IV Consultation Concluding Statement of the Mission  23 Nov 2009 15:46 GMT
    ... has been one of the first central banks to start raising policy rates again. The ... efforts to increase capital buffers in the banking system are welcome. A number of banks ... agreements between the national authorities of the Nordic-Baltic countries and between Norway and the European ...

  • First customers receive BalticMiles MasterCard® 23 Nov 2009 14:31 GMT
    ... is a pan-Baltic loyalty programme that earns Miles, or points, for ... products of partners – be it flights, banking, telecom, hospitality services, entertainment or transport. The ... Hotels or Islande Hotel, indulging in ESPA Riga treatments, renting cars from Sixt, and taking ...

  • Thai Hot Stocks-Asian Seafoods, Seafresh Industry up; SCB down 23 Nov 2009 05:54 GMT
    ... underperforming a 1.5 perent drop in the banking subindex, as investors took profit after the ... last Wednesday, brokers said. Falls in the Baltic Dry Index, which measures the cost of ... OTHER MARKETS: Wall Street .... Gold ....... Currency.. Eurostocks..... Oil ........ JP bonds... ADR Report ...

  • Thai Hot Stocks-Index down after Q3 GDP, shipping firms fall 23 Nov 2009 04:10 GMT
    ... research note to clients. Falls in the Baltic Dry Index .BADI, which measures the cost ... OTHER MARKETS: Wall Street ....[.N] Gold .......[GOL/] Currency..[FRX/] Eurostocks.....[.EU] Oil ........[O/R] JP bonds...[JP/] ADR Report ... [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro ...


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