Loan

International Internet Magazine. Baltic States news & analytics Sunday, 24.06.2018, 00:44

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EBRD loans EUR 30 mln to Baltic agribusiness trader Scandagra Group

EBRD loans EUR 30 mln to Baltic agribusiness trader Scandagra Group

21.06.2018

The European Bank for Reconstruction and Development (EBRD) is lending 30 million euros to Scandagra Group, a leading fertilizer and grain trade group in the Baltics, with the money to be invested in organic farming in Lithuania, Latvia and Estonia., reports LETA/BNS.

Keyword tags: Agriculture, EU – Baltic States, Financial Services, Loan, Markets and Companies



Aggregate loan portfolio of Latvian banks shrinks 1.3% in Q1

Aggregate loan portfolio of Latvian banks shrinks 1.3% in Q1

08.06.2018

The aggregate loan portfolio of Latvian banks shrank 1.3% or EUR 184.826 million in the first quarter of 2018 to EUR 14.256 billion at the end of March, with six banks showing growth in lending while loan portfolios decreased for twelve banks, according to the information provided by the Latvian Association of Commercial Banks, cites LETA.

Portfolio of non-bank loans in Latvia grows 16% in 2017

Portfolio of non-bank loans in Latvia grows 16% in 2017

24.05.2018

The aggregate loan portfolio of non-bank lenders in Latvia reached EUR 612.21 million last year, growing 16% compared to 2016, according to the report about the non-bank consumer loan market in 2017 prepared by the Center for Protection of Consumer Rights (PTAC), reports LETA.


8,400 Latvian families have received state-guaranteed housing loans

8,400 Latvian families have received state-guaranteed housing loans

17.05.2018

Since 2015 when Latvian development finance institution Altum started offering under the government program for support to first-time home buyers, 8,400 families with more than 12,000 children have received the state-guaranteed loans, Altum reported LETA.

Profits of banks in Estonia down 13% in Q1

Profits of banks in Estonia down 13% in Q1

24.04.2018

According to the Bank of Estonia, the net profit of the banking sector fell 13% to 77.5 million euros in the first quarter of 2018 as a new income tax regime came in from the start of the year that requires banks to pay income tax on the profit earned during each quarter, informs LETA/BNS.


24.04.2018

SEB and Danske issue EUR 34 mln loan for expansion of Origo Shopping Center in Riga

SEB Banka and Danske Bank have issued a EUR 34 million loan for the expansion of the Origo Shopping Center in central Riga, informs LETA.

03.04.2018

New bank loans to residents in Latvia drop 23.6% in 2017

The amount of new loans issued to residents by Latvian banks in 2017 has dropped by 23.6% compared to 2016, writes LETA, according to the Finance and Capital Market Commission.

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