Loan

International Internet Magazine. Baltic States news & analytics Saturday, 28.02.2015, 14:24

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ABLV Bank increases profit to EUR 58.7 mln in 2014

ABLV Bank increases profit to EUR 58.7 mln in 2014

27.02.2015

ABLV Bank increased its profit in 2014, reaching EUR 58.7 million. Meanwhile, the Group's profit in 2014 was EUR 63.8 million, reports LETA, according to the bank's statement.

Keyword tags: Banks, Financial Services, Latvia, Loan



Income, loan portfolio of Lithuanian Central Credit Union grows in 2014

Income, loan portfolio of Lithuanian Central Credit Union grows in 2014

20.02.2015

The Lithuanian Central Credit Union (LCKU) earned EUR 257,000 in 2014, by 12% more compared to 2013, when it earned EUR 229,000. The LCKU provides financial services to 63 credit unions, reports LETA/ELTA.

Non-recourse loans as option for mortgage borrowers approved in Latvia

Non-recourse loans as option for mortgage borrowers approved in Latvia

19.02.2015

Latvian Saeima approved amendments to several laws in the final reading today, which stipulate making non-recourse loans an option for mortgage borrowers, informs LETA.


Expert strongly criticizes Latvia’s support program for young families that want to buy apartment

Expert strongly criticizes Latvia’s support program for young families that want to buy apartment

19.02.2015

The state support program in Latvia meant to help young families with children buy their first home or apartment is, in essence, an "irresponsible attempt by politicians to offer financial assistance to people who actually cannot afford an apartment." This is the opinion of real estate company Arco Real Estate CEO Aigars Smits, who spoke at a press conference on February 18th, cites LETA.

Estonian Riigikogu bans excessive instant loan interest rates

Estonian Riigikogu bans excessive instant loan interest rates

19.02.2015

The Estonian Riigikogu passed with 74 votes in favour law amendments, according to which, instant loan agreements with unreasonably high fees are automatically null and void and which does not allow the settlement of disputes concerning instant loans in arbitration court, LETA/Postimees Online reports.

18.02.2015

Swedbank: Lithuanians on the average got consumer credit of EUR 2,317 in 2014

Swedbank Lithuania's data shows that residents of Lithuania in 2014 borrowed EUR 2,317 (LTL 8,000) on the average for their consumer needs, reports LETA/ELTA.

17.02.2015

Rõivas: Estonia will not support reduction of Greek loans

Estonian Prime Minister Taavi Rõivas said that the Greek government has to abandon its rigid line, continuing it will not do any good for the state, LETA/Delfi reports.

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