International Internet Magazine. Baltic States news & analytics
Sunday, 24.06.2018, 06:16
Rietumu Bank completing the termination of cooperation with high-risk companies
18.06.2018Rietumu Bank plans to conclude the termination of the cooperation with more than 90% of companies classified as a high risk customers by the end of summer. The progress made by the bank in this area has received positive evaluation of Latvian financial industry oversight bodies, as well as international partners.
Keyword tags: Banks, Financial Services, Latvia, Legislation, USA
iRietumu internet bank issues new web version
15.06.2018Rietumu Bank has launched a new internet bank web version for its customers, informed BC Rietumu’s press service.
Latvian FinMin notes Rietumu Bank’s progress
08.06.2018Latvian press is writing about local Finance minister Dana Reizniece-Ozola meeting with US Finance Ministry representative Marshall Billingslea, who came to Latvia once again to discuss the developments on changes in banking sector and success achieved in the accomplishment of targeted goals.
Deposits increase at only 5 Latvian banks in January-March
08.06.2018The total amount of deposits in Latvian banks was EUR 18.084 billion at the end of March 2018, which is 10.8 percent or EUR 2.183 billion less than at the end of 2017, writes LETA, according to the Association of Latvian Commercial Banks.
Aggregate loan portfolio of Latvian banks shrinks 1.3% in Q1
08.06.2018The aggregate loan portfolio of Latvian banks shrank 1.3% or EUR 184.826 million in the first quarter of 2018 to EUR 14.256 billion at the end of March, with six banks showing growth in lending while loan portfolios decreased for twelve banks, according to the information provided by the Latvian Association of Commercial Banks, cites LETA.
Swedbank boasts largest profit for Q1 among Latvian banks
In the first quarter of this year Swedbank boasted the largest profit among Latvian banks, followed by Rietumu Banka and SEB Banka, writes LETA, according to the information published by the Latvian Association of Commercial Banks.
Lietuvos bankas: developing digital collector coin 'possible'
The Bank of Lithuania says that last weekend's hackathon showed that it is possible to develop a digital collector coin, informs LETA/BNS.
Artificial intelligence in action: World Cup's champion is predicted
