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Tuesday, 01.09.2015, 15:08
On 31.08.2015 Kesklinna Hotelli OÜ, the 100% subsidiary of Olympic Entertainment Group AS, and Swedbank AS concluded a loan agreement with the loan limit of EUR 25,000,000, Olympic informed the Tallinn Stock Exchange, cites LETA.
Keyword tags: Estonia, Financial Services, Loan, Markets and Companies
In the first half of the year 2015, the troubled assets manager Reverta retrieved EUR 20.6 million from restructuring troubled credits and selling real estate, according to Reverta’s unaudited financial report for the first quarter, writes LETA.
In the second quarter of 2015, more than a third of credit unions in Lithuania operated at a loss, thus the profit of the credit unions sector for the half-year dropped to EUR 0.1 million (down from EUR 2.1 million in profit in the same period in 2014), the Bank of Lithuania reports LETA/ELTA.
The Bank of Estonia reported that the volume of loans and leasing contracts issued to Estonian enterprises and households grew by 259 million euros to 15.9 milliard euros, while financing portfolio grew by 4.1% in the year-on-year comparison, writes LETA/National Broadcasting.
In the first half of the year 2015, joint-stock ABLV Bank posted EUR 43.5 million in profit, informs LETA.
All eurozone member states approved on August 19th a new bailout program for Greece, as European Commission Vice President and Commissioner for the Euro and Social Dialogue Valdis Dombrovskis (Unity) told LETA.
With a majority vote in the plenary assembly, Riigikogu supported today the draft Memorandum of Understanding to be concluded between the European Commission and Greece, writes LETA/Postimees Online.