Banks

International Internet Magazine. Baltic States news & analytics Sunday, 21.04.2019, 01:39

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Banking scandals may make borrowing more expensive

Banking scandals may make borrowing more expensive

18.04.2019

The financial position of the Estonian banking sector is good and the risks to it are small. The biggest risks for Estonian banking are related to the money laundering scandals that have hit the Nordic banking groups operating in Estonia. Reputational damage to the banks could worsen the funding conditions of the Nordic banking groups, which could also make loans more expensive and harder to access for people and companies in Estonia.

Keyword tags: Analytics, Banks, Economics, Estonia, Financial Services



Ukrainian court finds nationalization of PrivatBank illegal

Ukrainian court finds nationalization of PrivatBank illegal

18.04.2019

A Ukrainian court ruled on Thursday that the 2016 nationalization of PrivatBank, which was owned by a powerful tycoon Ihor Kolomoysky, was illegal, informed LETA/BNS.

CEO of Latvia's PrivatBank resigns

CEO of Latvia's PrivatBank resigns

18.04.2019

Aleksandrs Kukics has resigned as CEO of Latvia’s PrivatBank, according to information released by the bank, informed LETA.


Investor Browder files Swedbank money laundering complaint in Latvia

Investor Browder files Swedbank money laundering complaint in Latvia

18.04.2019

Bill Browder, an investor who campaigns to expose corruption, has taken a criminal complaint against Swedbank to Latvian authorities, alleging it was involved in a Russian money laundering scandal, reported LETA.

Workers have started to prefer to work less

Workers have started to prefer to work less

17.04.2019

The Estonian economy has been one of the fastest growing in Europe in the past three years, and although that growth will slow this year, the labour market will not cool down so much.


16.04.2019

Chairman of the Board on central bank digital currencies

Speech by Mr. Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, on the topic of central bank digital currencies, delivered at the Reinventing Bretton Woods Committee conference Managing the Soft Landing of the Global Economy, held in Washington DC.

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