International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2013, 09:58
The largest lenders at the end of the third quarter this year were Swedbank, SEB banka and Nordea, according to data collated by the Association of Commercial Banks of Latvia, informs LETA/Nozare.lv.
Keyword tags: Banks, Financial Services, Latvia, Loan
Most households of Lithuania manage to save at least a little, and accumulate their savings conservatively. However, one third of the families have financial liabilities, which are seen as a burden by nearly half of those in debt, reports LETA.
The SEB bank became the first bank in Lithuania which had completely integrated the leasing services into the bank's activities, informs LETA/ELTA.
Estonia's housing loan market continues to recover, Estonia's central bank Eesti Pank said in comments to the fresh October 2013 lending market report, cites LETA.
The key financial indicators of domestic enterprises have been improving, the proportion of enterprises operating profitably has been expanding, and enterprises planning development are going to borrow less cautiously, shows the Survey of Non-financial Enterprises on Business Financing conducted by the Bank of Lithuania, cites LETA/ELTA.
In October 2013, the sum of the debts of Lithuania's citizens increased by LTL 54 million (EUR 15.6 million) and was amounted to LTL 3.6 billion (EUR 1 billion), writes LETA/ELTA.
Estonian oil shale industry Viru Keemia Grupp (VKG) borrows from banks 150 million euros to finance building a shale oil plant, expanding energy production and fulfilling environmental requirements, LETA/Public Broadcasting reports.