Date: 26.02.2018.

International Internet Magazine. Baltic States news & analytics Friday, 19.04.2019, 00:12

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ABLV bank votes itself out of business

ABLV bank votes itself out of business

26.02.2018

ABLV bank, having already described itself as being liquidated by order of the European Central Bank, on the evening of February 26 confirmed the process by voting to wind itself up.

Keyword tags: Banks, Crisis, EU – Baltic States, Financial Services, Latvia



The way a newspaper can kill a bank

The way a newspaper can kill a bank

26.02.2018

On the eve of its centenary Latvia has been involved in an international bank scandal: one of the largest national commercial bank, ABLV is on the brink of closure. Besides, Latvian Central Bank’s President is accused of obtaining a big bribe. Here comes a question: do we happen to know the names of those involved in this phantasmagoria?

With the Support of Rietumu Bank, the Fifth Music Competition “Inese Galante’s Talents” Will Be Held

With the Support of Rietumu Bank, the Fifth Music Competition “Inese Galante’s Talents” Will Be Held

26.02.2018

Inese Galante Fund and Rietumu Charity Fund announce the start of submitting applications for participation in the annual contest of young classical music performers – “Inese Galante’s Talents”, which this year, will be held for the fifth time.


Bank of Latvia head not to get paid while banned from official duties

Bank of Latvia head not to get paid while banned from official duties

26.02.2018

The Bank of Latvia governor, Ilmars Rimsevics, who has been banned from his official duties for the duration of an investigation into corruption suspicions, will not get paid as long as the ban remains in place, the Bank of Latvia said LETA.

National carrier airBaltic orders 4 training aircraft for Pilot Academy

National carrier airBaltic orders 4 training aircraft for Pilot Academy

26.02.2018

Latvian national carrier airBaltic has ordered four Diamond Aircraft for its newly established Pilot Academy at airBalticTraining, the company’s representatives informed BC.


26.02.2018

Czech company SOR to supply electric buses to Rezekne

Czech company SOR that won the tender has already started producing electric buses for Latvia’s eastern city of Rezekne, Rezekne local government informed LETA/BNS.

26.02.2018

Back-up icebreaker Tarmo to start breaking ice in Gulf of Finland on Wednesday

The Estonian back-up icebreaker Tarmo is about to start breaking ice in the Gulf of Finland on Wednesday, while Botnica, the icebreaker that had been carrying out the work so far, on March 1 will remain at the port of Sillamae for a while for loading up fuel reserves and a regular change of crew, reports LETA/BNS.

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