International Internet Magazine. Baltic States news & analytics
Tuesday, 01.12.2015, 09:27
Agrowill Group, one of Lithuania's largest agricultural investment groups, on Friday paid 1.56 million euros to its creditors, thus completing its restructuring process launched in 2011, cites LETA/BNS.
Keyword tags: Agriculture, Investments, Lithuania, Loan, Markets and Companies
The Latvian Cabinet of Ministers at an extraordinary meeting on November 16th approved an EUR 80 million Treasury loan to airBaltic national carrier, informs LETA.
Mokilizingas, a Lithuanian consumer credit company controlled by the Estonian bank LHV and its Lithuanian partner RAZFin, is launching operations in Latvia, reports LETA/BNS.
Deutsche Bank, one of Europe's biggest banks, and Luxembourg-registered investment funds have obtained approval from Lithuania's competition watchdog to take over the loan portfolio of Lithuania's bankrupt bank Snoras, reports LETA/BNS.
Baltpool, the energy resources exchange operator that administers the Public Service Obligations (PSO) budget, is set to borrow 15 million euros from Finland's Pohjola Bank, to balance PSO fund flows, informs BNS/LETA.
Police in Moscow detained a banker this week who is accused of illegally moving about 45 billion euros out of the country over the last three years using credit default schemes, LETA/BNS/Bloomberg said.
The Tallinn city government on November 4th approved a bill according to which public advertisements of alcohol, tobacco and express loans will be banned in the city, informs LETA.