Date: 27.07.2018.

International Internet Magazine. Baltic States news & analytics Sunday, 26.05.2019, 02:23

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Revival of lending remains slow

Revival of lending remains slow

27.07.2018

Contrary to the notable increase in loans to households observed in May, the expansion of the household loan portfolio, comprising both loans for house purchase and consumer credits, decelerated again in June. At the same time, with individual banks granting large new loans to enterprises, both the corporate loan portfolio and the total domestic loans increased. In June, the total amount of domestic deposits also grew on account of a strong rise in household deposits.

Keyword tags: Analytics, Banks, Loan, Statistics



Sales of Mogotel hotel operator last year rose by 8.5%

Sales of Mogotel hotel operator last year rose by 8.5%

27.07.2018

Mogotel hotel operator that represents several Rixwell Hotels and Wellton hotels, last year posted EUR 17.686 mln in sales that was by 8.5% more than a year ago, while the comapny's profit rose by 2.6% to EUR 325,205, informs LETA.

806,000 Latvian residents file their annual income statements by July

806,000 Latvian residents file their annual income statements by July

27.07.2018

As many as 806,000 Latvian residents have filed their annual income statement for 2017 until July, informs LETA.


Financial results of Liepajas Autobusu Parks bus company improve in 2017

Financial results of Liepajas Autobusu Parks bus company improve in 2017

27.07.2018

Last year Liepajas Autobusu Parks bus company increased its sales by 5.8%, while the company's profit rose 33%, informs LETA.

Constitutional Court to hear complaint about language reform in Latvia's minority schools

Constitutional Court to hear complaint about language reform in Latvia's minority schools

27.07.2018

The Constitutional Court has accepted for hearing a lawsuit contesting the constitutionality of amendments to Latvian education laws providing for a transition to education in Latvian in Latvia’s ethnic minority schools, informs LETA.


27.07.2018

Number of counterfeit banknotes, coins remains low in Latvia – central bank

The number of counterfeit banknotes and coins in Latvia remains low – in the first six months of this year the number of discovered counterfeit banknotes has slightly risen, and the number of counterfeit coins has declines, informs LETA.

27.07.2018

Latvian financial institutions earn EUR 132.1 mln in H1

Latvian monetary financial institutions, mostly banks, earned EUR 132.1 mln in aggregate profit in January-June 2018, a 19.8% decrease on the first half of 2017, informs LETA.

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