International Internet Magazine. Baltic States news & analytics
Tuesday, 02.06.2020, 13:17
Potential liquidators of ABLV Bank will be told to do everything in their power to refute FinCEN allegations
27.02.2018The potential liquidators of ABLV Bank will be told to do everything in their power to refute allegations made by the Financial Crimes Enforcement Network (FinCEN) of the United States Department of Treasury, ABLV Bank CEO Ernests Bernis told LETA on Tuesday.
Keyword tags: Banks, Crisis, EU – Baltic States, Financial Services, Latvia
Number of transactions with apartments in Riga up 1.4% in 2017
27.02.2018The number of transactions with apartments in Riga has increased by 1.4%, said Arco Real Estate board member Maris Laukalejs.
FITCH: Latvia sovereign risk from ABLV Bank failure appears limited
27.02.2018The failure of Latvia's third-largest bank does not appear to jeopardize the country's sovereign credit fundamentals, Fitch Ratings says in its statement, writes LETA.
Omniva postal services company posts almost EUR 100 mln in turnover in Baltic region
27.02.2018Omniva postal services group last year posted EUR 99.8 mln in turnover in the Baltic region, which is by 4% more than in the previous financial year, the company’s representatives reported LETA/BNS.
Rietumu Banka works as usual, in line with its long-term development strategy
27.02.2018Rietumu Banka, one of the banks focusing on non-resident customers, is working as usual and in line with its long-term development strategy, the bank’s spokeswoman Eleonora Gailisa told LETA.
Guselnikov acquires direct control over Russia's Vyatka Bank
Russian businessman Grigory Guselnikov and his family have acquired direct control over Russia's Vyatka Bank, the Russian bank said in a statement.
Estonian media: European Commission wants Baltic countries to reach agreement on Rail Baltica project by March 21
The European Commission has tasked the Baltic countries with reaching agreement on the organization and structure of the Rail Baltica European standard-gauge railroad project by March 21, Estonian radio and television organization ERR reported, referring to the ETV television, cites LETA/BNS.
EU and the Baltics: assisting in crisis 
