Loan

International Internet Magazine. Baltic States news & analytics Wednesday, 01.10.2014, 00:55

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Rimsevics: weak lending threatening economic growth in Latvia

Rimsevics: weak lending threatening economic growth in Latvia

28.09.2014

Weaker lending in Latvia is threatening to slow down economic growth even more, Bank of Latvia President Ilmars Rimsevics told members of the press on September 26th, informs LETA/Nozare.lv.

Keyword tags: Analytics, Economics, Financial Services, Latvia, Loan



INVL Baltic Real Estate gets EUR 15.35 mln loan

INVL Baltic Real Estate gets EUR 15.35 mln loan

27.09.2014

On 26 September, Lithuanian Invaldos Nekilnojamojo Turto Fondas, a subsidiary of INVL Baltic Real Estate, signed a loan agreement with Siauliu Bankas regading EUR 15.35 million loan (LTL 53 million), reports LETA/ELTA.

Swedbank in Latvia suspends participation in state support program for young families

Swedbank in Latvia suspends participation in state support program for young families

26.09.2014

Swedbank, the largest mortgagee in Latvia, has put on hold the signing of an agreement on the bank's involvement in the state guarantee program for young families that want to buy an apartment/home, LETA/Nozare.lv were informed by the bank.


Latvian Commercial Banks ask president not to promulgate Insolvency Law amendments

Latvian Commercial Banks ask president not to promulgate Insolvency Law amendments

26.09.2014

The Association of Commercial Banks of Latvia will request President Andris Berzins postpone promulgation of the latest amendments to the Insolvency Law and return them to the parliament, informs LETA/Nozare.lv.

Part of mortgages in Latvia to be considered non-recourse loans

Part of mortgages in Latvia to be considered non-recourse loans

25.09.2014

Today, Latvian Saeima approved amendments to the Insolvency Law, according to which bank mortgages issued to borrowers who buy a home/apartment, and have no other domicile, will be considered non-recourse loans, informs LETA.

18.09.2014

Litgas receives EUR 83.3 mln credit line from Swedbank

Natural gas supply and trade company Litgas signed an agreement with bank Swedbank on Wednesday over a LTL 287.73 million (EUR 83.3 million) credit line, reports LETA/ELTA.

15.09.2014

New lending less active in Latvia in H1

New lending in the second quarter and the first half of 2014 was less active than in the respective period of 2013, the Financial and Capital Market Commission (FCMC) indicates in its latest report, cites LETA.

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