International Internet Magazine. Baltic States news & analytics
Tuesday, 11.03.2014, 10:21
Today, the board of the Latvian Pensioners' Federation decided to cancel its March 13 nationwide rallies, informs LETA.
Keyword tags: Financial Services, Latvia, Legislation, Pensioners, Strike
This spring, the Bank of Lithuania will train about 600 cash handlers at distribution businesses and postal companies to recognize the future currency's euro banknotes and coins, the national bank of Lithuania said in a statement, cites LETA.
Demand for the flats in new projects in Latvia has increased by 37% in 2013, while the average amount per transaction regarding the flats in new projects has increased by 42% within one year, shows the sales data figures of real estate company Ektornet.
The Government of Lithuania has approved state funding for more than 4,600 graduate and 500 postgraduate students for 2014. State funding for postgraduate studies is projected to grow by one tenth, with particular focus on biomedical, physical and technological sciences, reports LETA/ELTA.
Company Eurocash1 providing money collection and security services in Lithuania has announced that its turnover grew by 10% in 2013 year-on-year and is projecting further growth, informs LETA/ELTA.
By the end of the year 2013, banks operating in Latvia had issued a total of 2,384,923 bankcards, reports LETA, referring to the Association of Latvian Commercial Banks data.
New sales volume of insurance company Aviva Lietuva grew by 65%, while in premiums it became the second insurance service provider in Lithuania, reports LETA/ELTA.
At the end of February 2014, official reserve assets amounted to LTL 20.4 billion (EUR 5.9 billion). Over the reporting period they declined by LTL 617.3 million (EUR 178 million), or 2.9%, informs LETA/ELTA, referring the Bank of Lithuania.
Swedbank, ABLV Bank and Rietumu banka had the largest deposit portfolios at the end of 2013, informs LETA, referring to the Association of Commercial Banks of Latvia.
On Friday, Lithuania's Constitutional Court KT) announced the verdict on the compensation of the reduced pensions, informs LETA/ELTA.
Swedbank, SEB banka and Nordea Bank branch in Latvia had the largest loan portfolios in Latvia in 2013, according to data from the Association of Commercial Banks of Latvia, informs LETA.
The three largest banks in Latvia at the end of 2013, in terms of assets, were Swedbank, SEB banka and ABLV Bank, according to data from the Association of Commercial Banks of Latvia, writes LETA.
As the Credit Committee of Lithuanian bank Snoras confirmed the decision to start the process of the selection of the new bankruptcy administrator, the tender for the candidates was announced, informs LETA/ELTA.
Swedbank, Rietumu banka and ABLV Bank were the most profitable banks in Latvia last year, informs LETA, referring to the Association of Commercial Banks of Latvia data.
There were 1.07 million women in Latvia in 2013, reports LETA/Nozare.lv, referring to the Central Statistical Bureau's data.