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Latvia Banking News. Service for global professionals. Constantly updated news and information about Latvia.
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Latest Latvia Banking News

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  • Latvian Commercial Banks provided an overview of the credit market in Latvia 10 Dec 2009 15:45 GMT
    ... Internet Magazine. Baltic States news & analytics Latvian Commercial Banks provided an overview of the credit market in ... 55% of all bank credits are for mortgages, 20% for working capital; The construction and ...

  • Greece, Iceland, Latvia May Lead the Way 18 Dec 2009 13:59 GMT
    ... EU/IMF Revolt: Greece, Iceland, Latvia May Lead the Way Europe's small, debt-strapped ... pressured these governments to sell off the banks and public infrastructure to insiders.” The Dysfunctional ... money, this can be accomplished by creative banking regulators simply with a change in accounting ...

  • EU/IMF Revolt: Greece, Iceland, Latvia May Lead the Way 16 Dec 2009 22:50 GMT
    ... the European Union, with Greece, Iceland and Latvia the hardest hit. But these are not ... taken out in foreign currencies from foreign banks. As a condition of IMF funding, the ... money, this can be accomplished by creative banking regulators simply changing accounting rules. "Debt" today ...

  • SPECIAL REPORT-Risks deferred as Montenegro banks on property 17 Dec 2009 11:48 GMT
    ... late bank payments are soaring, threatening the banking sector and overall economy of the European ... countries as varied as Ireland, Iceland and Latvia. And although tiny Montenegro is unlikely to ... recovery in real estate prices, some Montenegrin banks are seeking to buy time with schemes ...

  • Risks deferred as Montenegro banks on property 17 Dec 2009 12:53 GMT
    ... late bank payments are soaring, threatening the banking sector and overall economy of the European ... countries as varied as Ireland, Iceland and Latvia. And although tiny Montenegro is unlikely to ... recovery in real estate prices, some Montenegrin banks are seeking to buy time with schemes ...

  • Ilmars Rimsevics: economic situation in Latvia will improve in 2010 14 Dec 2009 12:23 GMT
    ... by 4% next year, the Bank of Latvia estimates show that the actual GDP fall will ... countries that helped out their economies and banks, Latvia did not have a fat layer of ...

  • UPDATE 1-Latvia gvt backs signing IMF letter amid party dissent 15 Dec 2009 17:53 GMT
    ... RIGA, Dec 15 (Reuters) - Latvia's government gave approval in principle on Tuesday ... EU, Sweden and other Nordic states whose banks have large exposure to the Baltic region. It ...

  • EIF concludes all Latvian JEREMIE Holding Fund calls for expression of interest 17 Dec 2009 22:53 GMT
    ... EIF concludes all Latvian JEREMIE Holding Fund calls for expression of ... The Funded Risk Sharing Instrument allows selected banks (Swedbank and SEB banka) to provide combined total ...

  • Latvia c.bank hopes 2011 budget cuts won't be so deep - report 14 Dec 2009 10:16 GMT
    ... RIGA, Dec 14 (Reuters) - Latvia's central bank hopes future government budget cuts ... had surprised some of his European central banking colleagues. While he said the government had missed ...

  • President of Latvia visits Yerevan Brandy Factory 11 Dec 2009 18:44 GMT
    ... and communication technologies, shared their problems. The Armenian-Latvian business forum will impart new impulse to ... blackmail. Between November 30 and December 6 banks lent AMD 13.2 billion in dram-denominated loans and ...

  • Latvia current account surplus little changed in Oct 14 Dec 2009 12:21 GMT
    ... RIGA, Dec 14 (Reuters) - Latvia's current account surplus inched up to 168.8 ... prior written consent of Thomson Reuters. Central banks Macroeconomic stories, OECD reports Indicators ...

  • Armenian and Latvian state universities to establish cooperation 10 Dec 2009 16:18 GMT
    ... down with my boxing skills,” Darchinyan said. “Armenia-Latvia economic forum will put a start to ... relations with Latvia,” Serzh Sargsyan said. The banking system will see a slight decrease in income ...

  • Rimsevics: Latvia's government could have to invest money in Parex banka share capital in January 14 Dec 2009 11:11 GMT
    ... approximately LVL 100 million. was established in 1992 as one of the first commercial banks in Latvia. At the moment the Latvian Privatization Agency holds a 70.3% stake in the bank, ...

  • Armenia and Latvia should develop political and economic relations 10 Dec 2009 14:18 GMT
    ... with my boxing skills,” Darchinyan said. “Armenia attaches importance to development of relations with Latvia,” Serzh Sargsyan said. The banking system will see a slight decrease in income in 2010. “We came to a unified ...

  • Recently released market study: Wealth Management in the Baltics 2009 15 Dec 2009 06:55 GMT
    ... now available International wealth managers are giving Latvia, Lithuania and Estonia the cold shoulder at ... provides insight into HNWs and the private banking market * Utilizes Datamonitor's proprietary Wealth Management ... Special feature: the future for the Scandinavian banks in the Baltics 3 Baltic HNWs are ...


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