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Tuesday, 09.06.2026, 13:20
Parex bank's minority shareholders to dispute the sale of Parex lizings in court
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As reported, Parex lizings was sold at the beginning of this year.
LETA also reported, Parex banka on July 30 filed a suit in court against its former board members, Valerijs Kargins and Viktors Krasovickis, seeking to collect compensation for losses caused to the bank when they were in office, the head of the bank's communications department Indra Zinkevica previously informed the business information portal Nozare.lv.
Due to heavy financial problems, the government took over the capital shares of Kargins and Krasovickis in Parex banka on December 5, 2008.
In order to save the bank, the government deposited huge financial resources into the bank – over LVL 800 million.
As reported, the division of Parex banka was completed at the end of July, and the new bank Citadele banka has officially begun its activity, taking over the old bank's "good" assets.
«The Baltic Course» Is Sold and Stays in Business!
