Latvia

International Internet Magazine. Baltic States news & analytics Friday, 04.12.2020, 16:26

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Latvian banking assets up 3% in nine months

Latvian banking assets up 3% in nine months

04.12.2020

The aggregate assets of Latvian banks rose 3% in the first nine months of 2020 and stood at EUR 23.906 billion at the end of September, informs LETA, according to the data released by the Finance Latvia Association. 

Keyword tags: Banks, Financial Services, Good for Business, Latvia



Swedbank posted the largest profit among Latvia's banks in 9 months

Swedbank posted the largest profit among Latvia's banks in 9 months

04.12.2020

Five banks in Latvia closed the first nine months of 2020 with losses, with Citadele reporting the biggest nine-month loss, according to the data released by Finance Latvia Association. Swedbank posted the largest profit among Latvia's banks, informs LETA.

Number of available hospital beds for Covid-19 patients increased to approximately 800 in Latvia

Number of available hospital beds for Covid-19 patients increased to approximately 800 in Latvia

04.12.2020

The number of beds available for the treatment of Covid-19 patients in Latvian hospitals has now been increased to about 800, the Parliamentary Secretary of the Ministry of Health Ilmars Duritis (For Development), told Latvian Television on Thursday, cites LETA.


What can and cannot be bought on weekends in Latvia

What can and cannot be bought on weekends in Latvia

04.12.2020

Government decided Tuesday that the range of products that can be purchased on weekends would be limited. This caused confusion and a number of misunderstandings in the society, so Economics Ministry clarified the issue December 3 at a press conference, writes eng.lsm.lv.

Corum Asset Management buys Kamarin's House in Riga from Baltic RE Group

Corum Asset Management buys Kamarin's House in Riga from Baltic RE Group

04.12.2020

Eurion Fund, managed by France's Corum Asset Management, has acquired from Baltic RE Group the historical Kamarin's House, a building situated in Riga's Townhall Square, representatives of Baltic RE Group informed.


03.12.2020

Latvia could allocate EUR 742,000 to accommodate persons infected with Covid-19 at hotels

The placement of Covid-19 infected and contact persons in hotels could start around Christmas and the state could allocate EUR 742,000 to this support mechanism, the Minister of Economics Janis Vitenbergs (KPV LV) informed LETA.

03.12.2020

Owners of Rietumu Banka and ABLV Bank top Latvia's rich-list

Owners of Rietumu Banka and ABLV Bank, which in the process of liquidation, have topped Latvia's rich-list in 2020, compiled by the business newspaper Dienas Bizness and Lursoft publication Millionaire, cites LETA.

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