International Internet Magazine. Baltic States news & analytics
Monday, 25.09.2017, 07:30
Signet Global Investors Limited, Hansalink, Fin.lv acquire majority shareholding in Bank M2M Europe
22.09.2017A group of shareholders, including Signet Global Investors Limited, Hansalink, Fin.lv, have acquired a majority shareholding in Bank M2M Europe, LETA learned from the bank.
Keyword tags: Baltic States – CIS, Banks, EU – Baltic States, Financial Services, Investments, Latvia
Administrator of Latvijas Krajbanka recovers EUR 2.141 mln in August
20.09.2017KPMG Baltics, the administrator of the to-be-liquidated Latvijas Krajbanka, recovered EUR 2.141 million in August 2017, which is 4.1 times more than a month before, informs LETA, according to a report published in the official gazette Latvijas Vestnesis.
Rietumu FinTech Club – how technologies will change the traditional business
20.09.2017On 21 September 2017, Rietumu FinTech Club will be held in Riga – a professional discussion for experts in financial technologies and banking. Its key theme is new opportunities for using technologies in traditional businesses - telecommunication, air transport and retail trade, informed BC bank’s press service.
EU Commission approves merger between Nordea, DNB banks in Baltic states
18.09.2017The European Commission has approved the merger between Nordea and DNB banks in the Baltic states, the representatives of the two banks announced LETA.
International experts of e-Commerce to hold speeches at eCom21
15.09.2017The speakers of the eCom21 international conference, to be held in Riga on 16-17 November, will be authoritative professionals and experts of e-commerce from European countries, the CIS and other regions of the world. This biggest thematic forum in the Baltics is being held for the sixth time already and invariably under the patronage of Rietumu Bank, informed BC bank’s press service.
Number of active customers in Latvian banks drops 2.5% in H1
Latvian banks had a total of 2.183 million active customers at the end of June 2017, which is 2.5% or 55,300 customers less than at the end of 2016, informs LETA, according to the Association of Latvian Commercial Banks.
Five Latvian banks report asset growth in H1
The aggregate assets of Latvian banks contracted 2.2% or EUR 643.359 million in the first six months of 2017, to EUR 28.853 billion at the end of June, with only five banks reporting asset growth, informs LETA, according to the information provided by the Latvian Association of Commercial Banks.
State of the Union: effect for the Baltic States
