International Internet Magazine. Baltic States news & analytics
Monday, 21.09.2020, 21:02
SEB survey: Consumption in Estonia at same level as last year at end of summer
21.09.2020An analysis of consumer behavior conducted by SEB among Estonian people in August shows that consumption reached the same level by the end of summer as at the same time last year, reported LETA/BNS.
Keyword tags: Analytics, Banks, Estonia, Financial Services, Markets and Companies, Retail
Peter Bosek to take over as Luminor Bank CEO on January 1 next year
18.09.2020Peter Bosek will take over as Luminor Bank chief executive on January 1 next year, the bank told BC.
Rietumu Bank's comment to the Telegraph magazine
17.09.2020Latvian business magazine the Telegraph has published an article on how the recent Covid-19 emergency situation affected the operation of the banks.
Bank of Lithuania: Electronic money and payment institutions managed to withstand the shock of COVID-19
16.09.2020In the first half of 2020, the number, payment transactions and income of electronic money and payment institutions (EMIs/PIs), which hold a significant share of the Lithuanian fintech sector, continued to grow at a rapid pace.
Znotina: Banks should learn how to serve high-risk customers
16.09.2020Latvian banks should learn how to serve high-risk customers so that the countries economy and competitiveness does not suffer, said Financial Intelligence Service (FID) head Ilze Znotina an a discussion on Wednesday, referred LETA.
Lithuania's banking association creates common client check standard
Following a wave of money-laundering scandals in the Baltic region, financial and credit institutions united by the Association of Lithuanian Banks have created a common client check standard aimed at standardizing processes for market participants' preventive actions and providing clarity and simplicity for residents using financial services.
Lithuania mulls allowing third-country businesses open e-money accounts
Lithuania is considering facilitating conditions for Belarusian businesses to move to Lithuania by letting them open not only bank accounts while establishing an enterprise in Lithuania but also open accounts with e-money institutions, Vice Minister of Economy and Innovation Marius Skuodis says, adding that legal changes would be required to do so, writes LETA/BNS.
Post-covid: looking forward 
