Other events in Baltic States

Estonian Banks will start implementing the new system Basel 2 which will be obligatory to all banks in the European Union Member States.

This  means that bank customers who want to receive loans at favourable interest rates will have to comply with a number of requirements – not have loans to banks or other enterprises, be able to manage their finances so that the bank account would not be empty at the end of the month and avoid taking SMS loans and visiting casinos, informs  Postimees.