International Internet Magazine. Baltic States news & analytics
Thursday, 02.07.2015, 08:16
In May 2015, the lending growth dynamics in Latvia showed positive signs: the domestic loan portfolio of banks increased month-on-month for the first time in the last eight months, Bank of Latvia expert Vilnis Purvins points out in the makroekonomika.lv portal, cites LETA.
Keyword tags: Banks, Deposits, Financial Services, Latvia
Rietumu Bank has launched a new online banking application iRietumu for devices operating on Android platform, both for mobile phones and tablets. Thus, the remote round the clock full-fledged banking is now available for devices of popular operating systems — iOS, Android, and Windows Mobile users can use Mobile Digipass, reported BC bank’s press service.
The collector coins issued in Latvia have very successfully participated in the 9th International Commemorative (Collector) Coin Contest Coin Constellation 2015, as the Bank of Latvia's press secretary Janis Silakalns told LETA.
From September 1, 2015, Swedbank Estonia will significantly raise the prices of some services, such as bank transactions in bank offices and via telephone banking, writes Postimees Online, reports LETA.
Seeking to counter pro-cyclicality in the financial system and strengthen the credit institutions' capital base during periods of excessive credit growth, the Bank of Lithuania begins applying a new macroprudential policy instrument - counter-cyclical capital buffer, reports LETA/ELTA.
There were 1,058 ATMs in Latvia at the end of the Q1 of 2015, which is by ten less when compared to the end of 2014, according to the Bank of Latvia, writes LETA.
A survey commissioned by news agency ELTA and conducted on 23-31 May by pollster Baltijos Tyrimai has revealed that 85 % of the polled trusted the Fire and Rescue Department, 73 % - the Church and 64 % - the President's Office, reported LETA/ELTA.