Banks, Financial Services, Investments, Latvia

International Internet Magazine. Baltic States news & analytics Wednesday, 17.06.2026, 20:59

State to pour in additional LVL 100 mln into Parex

Nina Kolyako, BC, Riga, 07.02.2010.Print version
The state intends to pour in an additional LVL 100 million into Parex banka, LETA was informed by the head of the Finance Ministry's communications department Baiba Melnace.

According to information from the bank, it will need the LVL 100 million to repay a syndicated loan of LVL 218 million. The bank itself will ensure LVL 118 million to repay the loan.

 

This issue will be reviewed during a government meeting on February 9.






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