International Internet Magazine. Baltic States news & analytics
Sunday, 26.06.2016, 18:21
New non-bank loans made in Latvia in the first four months of 2016 reached EUR 55 million, reports LETA, according to information released by the Latvian Association of Alternative Financial Services.
Keyword tags: Banks, Financial Services, Latvia, Loan
The share of receivables never paid has dropped to a record low of 1.4% in Estonia in 2015, it appears from a survey of payment behavior taken by the credit management services company Intrum Justitia, cites LETA/BNS.
SEB Bankas in the end of the first quarter of 2016 was the number-one bank in Lithuania by assets and loans and Swedbank led the market in terms of deposits, consolidated figures from the central Bank of Lithuania showed on June 14th, cites LETA/BNS.
Danske Bank, the second-biggest financial group in Northern Europe by assets, has granted a 6.1 million euro loan to Elmoris, the only manufacturer of screw caps in the Baltic States, informs LETA/BNS.
In the first quarter of the year 2016, Latvian credit unions earned EUR 203,000 in profit, growing twofold from the respective period last year, the Latvian financial regulator, the Finance and Capital Market Commission, reported LETA.
Housing affordability in the first quarter of the year 2016 in Riga has considerably improved and still was the highest one among Baltic capitals, according to the latest Swedbank Baltic Housing Affordability Index (HAI). In Tallinn and Vilnius HAI also increased, writes LETA.
The number of deals about purchase/sale of standard-design apartments in Riga in May 2016 has increased by 23% from May 2015, Aigars Zarins, CEO of real estate company Balsts, told LETA.