Loan

International Internet Magazine. Baltic States news & analytics Friday, 18.08.2017, 22:55

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6,100 Latvian families with children have used government support to buy housing

6,100 Latvian families with children have used government support to buy housing

18.08.2017

Development Finance Institution Altum (Altum) has so far granted over 6,100 loan guarantees under the government support program helping families with children buy their first housing, Altum representatives told LETA.

Keyword tags: Analytics, Financial Services, Latvia, Legislation, Loan, Real Estate



SEB in Latvia lends EUR 2 mln to Salmo Invest

SEB in Latvia lends EUR 2 mln to Salmo Invest

15.08.2017

SEB Banka has granted a EUR 2 million loan to Salmo Invest, a company of the fishing lure group Salmo, for the planned renovation and refurbishing its office building in Riga, the bank’s spokesman Martins Panke told LETA.

Additional EUR 2.5 mln allocated to first-time home buyer program in Latvia

Additional EUR 2.5 mln allocated to first-time home buyer program in Latvia

09.08.2017

The government of Latvia on August 8th approved an additional allocation, worth EUR 2.5 million, to the Development Finance Institution Altum (Altum) for financing the government support program for families buying their first housing, reports LETA.


Mark Oil releases EUR 1.4 mln mortgage on Leedo's ships in Estonia

Mark Oil releases EUR 1.4 mln mortgage on Leedo's ships in Estonia

08.08.2017

The fuel trading company OU Mark Oil has removed the mortgages of 700,000 euros each placed on the vessels Harilaid and Korgelaid of the company Saaremaa Laevakompanii (SLK), holding of Estonian businessman Vjatseslav Leedo, cites LETA/BNS.

Lithuania's leasing portfolio up to EUR 2.27 bln in June-December

Lithuania's leasing portfolio up to EUR 2.27 bln in June-December

07.08.2017

The aggregate portfolio of the leasing market in Lithuania totaled at 2.273 billion euros at the end of June 2017, up by 7.7% (EUR 163.523 mln), from 2.11 billion euros, at the end of 2016, the Lithuanian Banks' Association (LBA) said, cites LETA/BNS.


07.08.2017

Consumer loans issued to Latvian households increased by 1.4% in H1

The amount of consumer loans issued to households in Latvia grew 1.4% or EUR 6.6 million in the first half of the year 2017 to EUR 493.9 million, reports LETA, according to the information from the Bank of Latvia.

31.07.2017

EUR 206 mln invested via Latvia's P2P lending platforms in H1

During the first half of the year 2017, investments worth EUR 206 million in total were made into loans via Latvia’s peer-to-peer (P2P) lending platforms, which is 3.5 times more in comparison with the same period a year ago, LETA was told at the Latvian Association of Alternative Financial Services.

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