Banks

International Internet Magazine. Baltic States news & analytics Monday, 25.09.2017, 07:30

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Signet Global Investors Limited, Hansalink, Fin.lv acquire majority shareholding in Bank M2M Europe

Signet Global Investors Limited, Hansalink, Fin.lv acquire majority shareholding in Bank M2M Europe

22.09.2017

A 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

Administrator of Latvijas Krajbanka recovers EUR 2.141 mln in August

20.09.2017

KPMG 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

Rietumu FinTech Club – how technologies will change the traditional business

20.09.2017

On 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

EU Commission approves merger between Nordea, DNB banks in Baltic states

18.09.2017

The 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

International experts of e-Commerce to hold speeches at eCom21

15.09.2017

The 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.


14.09.2017

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.

13.09.2017

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.

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