International Internet Magazine. Baltic States news & analytics
Saturday, 23.08.2014, 14:25
ABLV Bank audited profit in the first six months of 2014, was EUR 32.9 million, according to a report posted by NASDAX OMX Riga, cites LETA.
Keyword tags: Banks, Financial Services, Latvia
The Finnish Pohjola Bank subsidiary in Latvia has signed an agreement with Riga International Airport for a EUR 13 million loan to expand the airport's passenger terminal, informs LETA.
The Bank of Lithuania (Lietuvos Bankas) signed an agreement with the German central bank, Bundesbank, regarding the acquisition of euro banknotes in all denominations. In seeking to satisfy the demand for euro banknotes and to ensure their necessary stocks during the euro adoption, 132 million units of euro banknotes will be brought in to Lithuania; their weight — 114 tonnes, reported BC press serce of Lietuvos Bankas.
Ongoing bankruptcy proceedings for Latvijas Krajbanka (LK) include auctioning 36 paintings the bank had in its ownership, informs LETA.
The government of Latvia yesterday agreed to extend the deadline for submitting the binding offers for Citadele Bank, Prime Minister Laimdota Straujuma (Unity) told the press representatives after the government meeting, informs LETA.
The two collectors coins – 25 and 50 litas – issued into circulation by the Bank of Lithuania to commemorate the 25th anniversary of the Baltic Way depict a tree that is symbolic of Lithuania, Latvia and Estonia joining together in a living chain in the Baltic Way, reported BC press service of the Bank of Lithuania.
During an interview with the Latvian State Television show "Rita Panorama" today, Prime Minister Laimdota Straujuma (Unity) declined to comment on the government's decision in regard to selling the Citadele bank, however, she admitted that the prospective investor should come up with an offer by the end of August, and that the final decision could be made in mid-September 2014, informs LETA.