International Internet Magazine. Baltic States news & analytics
Tuesday, 25.04.2017, 13:22
Commercial Bank of Africa announced today the launch of a new digital banking solution based on a mobile app named Loop, making it the first of its kind in Kenya and in the region. Tieto Katvia has developed and delivered the digital and mobile payment solution that allows easy card issuance for MasterCard. With this initiative Commercial Bank of Africa aims to serve 1 million currently unbanked Kenyans, BC learned in Tieto Latvia.
Keyword tags: Banks, EU – Baltic States, Financial Services, Good for Business, Innovations, Latvia, Technology
Rietumu Group specialists have prepared a review of the profitability of investment funds of Rietumu Asset Management in February. The review includes an analysis of key economic indicators, the monetary policy. It provides comprehensive information on the situation on stock markets, bond, currency and commodity markets. The review is accompanied with extensive comments from the experts.
The import of natural gas to Estonia in February increased by 4.7% over February 2016 to 64.8 mln cubic meters, the transmission system operator Elering said LETA/BNS.
Latvijas Piens, a dairy plant based in the central Latvian city of Jelgava, closed the first half of its last fiscal year, lasting from January 1, 2016 to June 30, 2016, with EUR 8.906 mln in turnover and a loss of EUR 3.099 mln, according to information from Firmas.lv.
After rising last week, the price of electricity in Nord Pool's Lithuanian bidding area fell to record lows in the early hours of Wednesday, the power transmission system operator Litgrid said LETA/BNS.
The number of saving people slightly declined in Lithuania this year, shows a survey conducted by INVL Asset Management, the asset management arm of the investment company Invalda INVL informed LETA/BNS.
It would be technically possible to build an undersea tunnel between Tallinn-Helsinki in five years, according to the Finnish daily Helsingin Sanomat writes LETA/BNS.