International Internet Magazine. Baltic States news & analytics
Saturday, 08.03.2014, 13:45
At the end of February 2014, official reserve assets amounted to LTL 20.4 billion (EUR 5.9 billion). Over the reporting period they declined by LTL 617.3 million (EUR 178 million), or 2.9%, informs LETA/ELTA, referring the Bank of Lithuania.
Keyword tags: Banks, Financial Services, Lithuania
Swedbank, ABLV Bank and Rietumu banka had the largest deposit portfolios at the end of 2013, informs LETA, referring to the Association of Commercial Banks of Latvia.
Swedbank, SEB banka and Nordea Bank branch in Latvia had the largest loan portfolios in Latvia in 2013, according to data from the Association of Commercial Banks of Latvia, informs LETA.
The three largest banks in Latvia at the end of 2013, in terms of assets, were Swedbank, SEB banka and ABLV Bank, according to data from the Association of Commercial Banks of Latvia, writes LETA.
As the Credit Committee of Lithuanian bank Snoras confirmed the decision to start the process of the selection of the new bankruptcy administrator, the tender for the candidates was announced, informs LETA/ELTA.
Swedbank, Rietumu banka and ABLV Bank were the most profitable banks in Latvia last year, informs LETA, referring to the Association of Commercial Banks of Latvia data.
According to the research carried out by the group of the experts established by the Bank of Lithuania as well as according to the International Monetary Fund (IMF) recommendations, the most efficient way to strengthen the credit union sector is the cooperation, informs LETA/ELTA.