Tag: Latvian banks
The losses of the banking group Norvik in the first quarter...
The assets of Norvik Bank as of March 31, 2018 amounted to 649.172 million euros – that is by 139,805 million euros (17.7%) less...
The total profit of Latvian banks and other financial institutions for...
In April 2018 financial institutions of Latvia received 37.3 million euros. Assets of financial institutions to date amount to 24.186 billion euros. That's 3.867...
Foreigners can withdraw 4.6 billion euro from banks
Ludmila Voevoda, a member of the Council of the Financial and Capital Market Commission (FCMC), Director of the Department of Regulatory Requirements and Statistics,...
The financial sector continues to experience hard times
After the collapse of the Soviet Union, Riga has come a long way to becoming a financial center. Currently, the volume of transactions through...
Latvian banks now also stop working with local companies
As it became known recently, Latvian banks now also stop working with local companies. The reason is a possible tax evasion.
As we see the...
Every second economically active inhabitant of Latvia has credit liabilities
More than half of the economically active inhabitants of Latvia have credit obligations.According to the Central Statistical Bureau, in Latvia there are about 980,000...
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