International Internet Magazine. Baltic States news & analytics
Saturday, 07.12.2019, 20:07
Economist Mārtiņš Kazāks emerged as the front runner in the race to become the next governor of the Latvian central bank (LB) according to LTV.
Keyword tags: Banks, Elections, Financial Services, Latvia
According to Statistics Estonia, in October, the turnover of retail trade enterprises was 640 mln euros. The turnover increased by 4% at constant prices compared to October of the previous year.
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.2% in the 3rd quarter of 2019 compared to the same period of the previous year. The Estonian GDP was 7 bn euros at current prices.
Data of the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2019, compared to the 3rd quarter of 2018, the average monthly gross wages and salaries grew by 8.3% or EUR 84, reaching EUR 1 091 for full-time work. In the 1st and 2nd quarter, the growth rate was slower – 7.8%.
Data compiled by the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2019, compared to the 3rd quarter of 2018, the gross domestic product (GDP) (seasonally and calendar non-adjusted data) increased by 2.9%. In the 3rd quarter GDP at current prices was EUR 8.1 bn.
Starting from today, Swedbank is offering free of charge trading in the Baltic equity market for its retail and corporate customers and applies zero safekeeping fee for private customers' security portfolios of up to 30,000 euros, reported LETA/BNS.
During an initial public offering (IPO) of Coop Pank, some 11,000 investors subscribed to almost 33 mln of the bank's shares and as a result of the subscription, 71% of the original maximum planned IPO volume of 46 mln shares was achieved.