Loan

International Internet Magazine. Baltic States news & analytics Saturday, 24.08.2019, 17:29

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Olainfarm refinances existing liabilities and raises new loan from BlueOrange Bank

Olainfarm refinances existing liabilities and raises new loan from BlueOrange Bank

22.08.2019

Olainfarm pharmaceutical company has refinanced its existing liabilities and received a new loan from BlueOrange Bank, the company said in a statement to Nasdaq Riga.

Keyword tags: Banks, Industry, Latvia, Loan, Markets and Companies, Medicine



NIB finances the renewal of Maxima Grupe’s companies in the Baltics

NIB finances the renewal of Maxima Grupe’s companies in the Baltics

06.08.2019

NIB and the Lithuanian retail company Maxima LT, UAB have signed a EUR 52 mln loan agreement to finance the company’s investments in its retail network renewal, informed NIB in the press-release.

Number of borrowers struggling to pay off loans grew in 2018 - watchdog

Number of borrowers struggling to pay off loans grew in 2018 - watchdog

06.08.2019

The number of borrowers struggling to pay off their loans and extending their loan repayment schedules three or more times increased last year, Baiba Vitolina, head of the Consumer Rights Protection Center (PTAC), said LETA.


Farmers' demand for loans has significantly increased - Swedbank

Farmers' demand for loans has significantly increased - Swedbank

23.07.2019

Demand for loans has significantly increased from agricultural enterprises, Swedbank spokesman Janis Krops informed BC.

Luminor: Estonians least eager of Balts to take consumer loans

Luminor: Estonians least eager of Balts to take consumer loans

11.07.2019

Among residents of the Baltic states, Estonians have used the least consumer credit over the past two years, around 25% of people in Estonia have taken out a loan for consumption, while the figure in Latvia and Lithuania stands around one third, informed LETA/BNS.


02.07.2019

Corporate lending resumes growth in Latvia

In May, Latvia's domestic loan portfolio expanded for the third consecutive month: the monthly growth rate of loans reached 1.1%, a high since autumn 2017, while loans to non-financial corporations increased even faster (by 1.9%). Like in April, deposits only grew in the household sector, whereas corporate deposits and the total amount of deposits declined.

21.06.2019

Lithuania: EBRD, Citadele lend EUR 38 mln to Vilniaus Baldai production facility

The European Bank for Reconstruction and Development and Latvia's Citadele Bank have issued a 37.8 mln-euro loan to Vilniaus Baldai, one of the largest furniture producers in Lithuania, reported EBRD.

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