International Internet Magazine. Baltic States news & analytics
Friday, 28.04.2017, 03:25
Development Finance Institution Altum (Altum) has so far granted 5,000 loan guarantees under the government support program helping families with children buy their first housing, Altum spokeswoman Sandra Eglite told LETA.
Keyword tags: Banks, Latvia, Loan, Real Estate
If business lending growth continues, this year about EUR 2 bln could be issued in corporate loans, according to forecasts of experts of the Latvian Association of Commercial Banks.
The Nordic Investment Bank (NIB) in the Baltic states has issued EUR 1.1 bln worth of loans to projects in the Baltic states since 2005, according to the bank’s statements.
The net loan portfolio for the Citadele Group grew by 6% to EUR 1.24 billion in 2016. This growth reflects Citadele’s strategy of being an active player in small and medium business loans in the Baltic states, as well as in consumer loans in Latvia and Lithuania, Citadeles banka`s representative told BC.
srael-capital company blender intends to join the Lithuanian peer-to-peer lending market after operating as provider of consumer credits in the country for six months, according to Verslo Zinios business daily writes LETA/BNS.
The manufacturer of graphene-based ultracapacitors Skeleton Technologies is about to borrow money from the European Investment Bank, with the loan agreement to be signed next week, reports LETA/BNS.