Date: 18.10.2018.

International Internet Magazine. Baltic States news & analytics Tuesday, 20.11.2018, 17:56

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M. Jurgilas: Lithuania can serve as a gateway to Europe for China’s FinTech firms

M. Jurgilas: Lithuania can serve as a gateway to Europe for China’s FinTech firms

18.10.2018

Lithuania is ready to take on the coordinating role in enhancing cooperation in the financial technologies (FinTech) domain between China and Central and Eastern European (CEE) countries. During the China Investment Forum in Prague, Marius Jurgilas, Member of the Board of the Bank of Lithuania, has presented Lithuania’s experience and future actions in the field of FinTech.

Keyword tags: Banks, China, Direct Speech, Financial Services, Technology



 Freeport of Riga Authority continues to develop cooperation with China

Freeport of Riga Authority continues to develop cooperation with China

18.10.2018

Last week, the Freeport of Riga Authority together with SIA Riga Container Terminal represented the Freeport of Riga in one of the largest Asian transport and logistics exhibitions "The 13th China (Shenzhen) International Logistics and Transportation Fair" in the Chinese port city of Shenzhen, as well as participated in several major industry events. During the exhibition a meeting with the representatives of the Port of Shenzhen, a partner to the Freeport of Riga, was held, inormed Freeport.

Tallink repays EUR 120 mln worth of bonds

Tallink repays EUR 120 mln worth of bonds

18.10.2018

The listed Estonian shipper Tallink Grupp has repaid in the total amount of 120 million euros senior unsecured bonds worth 900 mln Norwegian kroner that were issued and listed on the Oslo stock exchange in October 2013, informed LETA/BNS.


Ministries' spending on salaries rises EUR 5.7 mln in 2017 - State Audit Office

Ministries' spending on salaries rises EUR 5.7 mln in 2017 - State Audit Office

18.10.2018

Ministries' spending on salaries amounted to EUR 94 million in 2017, which is 6% or EUR 5.7 mln more than in 2016, according to the results of an audit of state and municipal budgets carried out by the State Audit Office.

Companies have started to borrow more in Estonia

Companies have started to borrow more in Estonia

18.10.2018

Companies took loans from banks and from elsewhere. Growth in corporate debt could be a sign of increasing investment. Households are borrowing enthusiastically, especially from banks. The risks from the rapid growth in credit are eased by growth in incomes and savings.


18.10.2018

Baltic countries to cooperate closer in development of capital market

The Baltic states will cooperate closer in promoting development of the capital market, the Latvian Finance Ministry reported.

18.10.2018

EBRD to buy EUR 150 mln worth of Luminor bonds

The European Bank for Reconstruction and Development (EBRD) is to invest up to 150 million euros in a series of senior bonds issued by Luminor Estonia under its European Medium Term Note (EMTN) program in order to support the bank in its efforts to become a self-funded and independent pan-Baltic financial institution, informed LETA/BNS.

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