Loan

International Internet Magazine. Baltic States news & analytics Friday, 27.03.2015, 13:53

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Juris Bikis: Latvian banks refuse to issue loans as projects lack quality

Juris Bikis: Latvian banks refuse to issue loans as projects lack quality

25.03.2015

In order for banks to resume lending to the national economy, projects for which financing is requested need to be of better quality, believes Juris Bikis, Director of Latvijas Finieris and Prime Minister Laimdota Straujuma's (Unity) advisor on economic matters, cites LETA.

Keyword tags: Direct Speech, Financial Services, Latvia, Loan, Markets and Companies



Eesti Pank: quality of loan portfolio continued to improve in February

Eesti Pank: quality of loan portfolio continued to improve in February

24.03.2015

Loans and leases were issued to Estonian companies and households moderately in February 2015, which is common at the start of the year; the financing portfolio grew by relatively little over the month, and stood at 15.3 billion euros at the end of February, Estonia's central bank Eesti Pank said in its fresh statement on banking sector statistics for February 2015, cites LETA.

SEB granted its first two state-guaranteed mortgage loans for Latvian families with children

SEB granted its first two state-guaranteed mortgage loans for Latvian families with children

23.03.2015

On March 20th, SEB banka granted its first two state-guaranteed mortgage loans for Latvian families with children, the bank informed LETA.


Swedbank hopes to issue several hundred loans under support program for families with children

Swedbank hopes to issue several hundred loans under support program for families with children

13.03.2015

Swedbank hopes to issue several hundred loans this year as part of the state support program for families with children that want to buy a home, as Swedbank CEO Maris Mancinskis said after signing an agreement with the Latvian Development Finance Institution Altum today, cites LETA.

Latvian banks issue EUR 14.666 bln in loans by end-2014

Latvian banks issue EUR 14.666 bln in loans by end-2014

12.03.2015

The amount of loans issued by banks in Latvia increased to EUR 14.666 billion by the end of the year 2014, informs LETA, according to data of the Association of Commercial Banks of Latvia.

10.03.2015

Bigbank's profit surges by 17% in 2014

In 2014, the Estonian consumer loans bank Bigbank earned a profit of 12.7 million euros, which is by 17.3% more than in 2013, LETA/Äripäev.ee reports.

06.03.2015

Housing in Lithuania remains affordable, no price hikes expected

Although in late 2014 prices of apartments in Lithuania were rapidly growing, housing remained rather affordable due to a record-low home loans interest rate, Swedbank's housing affordability index (HAI) reveals, cites LETA/ELTA.

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