International Internet Magazine. Baltic States news & analytics
Tuesday, 16.09.2014, 22:25
New lending in the second quarter and the first half of 2014 was less active than in the respective period of 2013, the Financial and Capital Market Commission (FCMC) indicates in its latest report, cites LETA.
Keyword tags: Banks, Financial Services, Latvia, Loan
The Estonian bank Bigbank increased its credit portfolio by 0.6% (EUR 1.8 million) in the second quarter of 2014, as compared to the first quarter, informs LETA.
In the second quarter of the year 2014, Lithuanian banks gradually increased their loan and deposit portfolios, restructured their operations and increased their operating performance indicators, writes LETA/ELTA.
The amount of consumer credits granted in the second quarter of the year 2014 increased by almost 14%, while the total consumer credit portfolio amounted to LTL 1.1 billion (EUR 319 million) at the end of June, informs LETA/ELTA, referring to the Bank of Lithuania.
The Baltic Housing Affordability Index from Swedbank shows that The housing affordability index (HAI) decreased to 148.5 in Tallinn, 118.1 in Vilnius and 157.4 in Riga.
The Ministry of Finance in Lithuania has proposed to loan the State Social Insurance Fund Board (SoDra) LTL 745.4 million (EUR 207.2 million), informs LETA/ELTA.
The European Central Bank surprised financial markets on Thursday by paring back its key interest rates even further to new all-time lows, informs LETA/AFP.