Loan

International Internet Magazine. Baltic States news & analytics Wednesday, 23.04.2014, 12:48

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EBRD joins Estonian VKG oil shale industry loan syndicate

EBRD joins Estonian VKG oil shale industry loan syndicate

23.04.2014

The European Bank for Reconstruction and Development (EBRD) made a decision this month to grant a loan to Estonian shale oil producer Viru Keemia Grupp (VKG), LETA/Public Broadcasting reports.

Keyword tags: Banks, Energy, Estonia, EU – Baltic States, Financial Services, Loan



Kredex: 64% Estonian companies have used a loan to finance activities

Kredex: 64% Estonian companies have used a loan to finance activities

23.04.2014

A companies' awareness and satisfaction study commissioned by the Estonian state-owned foundation Kredex indicates that 64% of Estonian companies have used a loan to finance their activities while among exporting companies, 72% had used a loan, LETA/Postimees Online reports.

Bigbank fined with EUR 13,000 for unfair business practice in Latvia

Bigbank fined with EUR 13,000 for unfair business practice in Latvia

23.04.2014

The Customer Protection Center in Latvia has ordered the joint-stock company Bigbank to halt unfair commercial practice and ordered Bigbank to alter the procedure for calculating interest applicable to agreements signed from December 2, 2008 to April 30, 2011, informs LETA.


International lenders concerned at slow pace of some reforms in Latvia

International lenders concerned at slow pace of some reforms in Latvia

10.04.2014

Even though Latvia's growth remains strong and the country's macroeconomic situation is good, the slow pace of some important reforms lead to some concerns, the head of the European Commission and European Central Bank's post-program monitoring mission head Christian Weise said after a meeting with Prime Minister Laimdota Straujuma (Unity) today, informs LETA.

Latvian State Treasury pays off 10-year eurobonds worth EUR 400 mln

Latvian State Treasury pays off 10-year eurobonds worth EUR 400 mln

02.04.2014

Today, Latvia paid off ten-year eurobonds worth EUR 400 million, LETA learned from the State Treasury.

28.03.2014

Danske issues EUR 9.2 mln loan to Preilu siers

Danske Bank has issued a EUR 9.2 million loan to Latvian cheese producer and exporter – joint-stock Preilu siers, informs LETA/Nozare.lv.

28.03.2014

Banking sector's total loan portfolio in Latvia decreases 0.5% in February

The banking sector's total loan portfolio in Latvia decreased by 0.5% in February, reports LETA, referring to the Financial and Capital Market Commission.

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