Financial Services

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2019, 07:26

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
Non-competitive bids auction of Latvian five-year government bonds raises EUR 6 mln

Non-competitive bids auction of Latvian five-year government bonds raises EUR 6 mln

24.04.2019

A non-competitive bids fixed-price auction on Wednesday sold EUR 6 mln worth of the five-year government bonds, the Nasdaq Riga stock exchange reported.

Keyword tags: Financial Services, Latvia



State Audit Office reveals lack of control in granting scholarships in vocational education

State Audit Office reveals lack of control in granting scholarships in vocational education

24.04.2019

There is no unified approach in Latvia's vocational education for granting scholarships to pupils, and there are no criteria or requirements for certain achievements or even attendance when deciding on the scholarships, the State Audit Office reported.

ECB Governing Council to hold its June monetary policy meeting in Vilnius

ECB Governing Council to hold its June monetary policy meeting in Vilnius

23.04.2019

Vilnius will for the first time host an external meeting of the Governing Council of the European Central Bank (ECB) on June 5 and 6, the Bank of Lithuania said.


In 2018, general government budget deficit in Latvia amounted to 295.4 mln euros

In 2018, general government budget deficit in Latvia amounted to 295.4 mln euros

23.04.2019

Provisional1 results (accordingly European System of Accounts (ESA 2010) methodology) compiled by the Central Statistical Bureau (CSB) show that, in 2018 general government budget deficit accounted for EUR 295.4 mln or 1% of the Gross Domestic Product (GDP) and general government consolidated gross debt amounted to EUR 10.6 bn or 35.9% of the GDP.

Banking scandals may make borrowing more expensive

Banking scandals may make borrowing more expensive

18.04.2019

The financial position of the Estonian banking sector is good and the risks to it are small. The biggest risks for Estonian banking are related to the money laundering scandals that have hit the Nordic banking groups operating in Estonia. Reputational damage to the banks could worsen the funding conditions of the Nordic banking groups, which could also make loans more expensive and harder to access for people and companies in Estonia.


18.04.2019

Ukrainian court finds nationalization of PrivatBank illegal

A Ukrainian court ruled on Thursday that the 2016 nationalization of PrivatBank, which was owned by a powerful tycoon Ihor Kolomoysky, was illegal, informed LETA/BNS.

18.04.2019

CEO of Latvia's PrivatBank resigns

Aleksandrs Kukics has resigned as CEO of Latvia’s PrivatBank, according to information released by the bank, informed LETA.

18.04.2019

Investor Browder files Swedbank money laundering complaint in Latvia

Bill Browder, an investor who campaigns to expose corruption, has taken a criminal complaint against Swedbank to Latvian authorities, alleging it was involved in a Russian money laundering scandal, reported LETA.

17.04.2019

Latvian government has resolved to prepare new tax policy guidelines until May 2020

The government has resolved to develop new tax policy guidelines until May 2020, according to the action plan prepared by Krisjanis Karins’ (New Unity) government, writes LETA.

17.04.2019

Loans worth EUR 1.28 bn financed through Latvian P2P lending platforms in 2018

Last year, EUR 1.28 bn worth of loans were financed through Latvian peer-to-peer (P2P) lending platforms, which is 2.6 times more than in 2017, LETA was told at the Alternative Financial Services Association of Latvia.

17.04.2019

Latvia's tax revenue 3.7% above target in Q1

During the first three months of this year, the State Revenue Service collected EUR 2.17 bn in taxes, beating the first-quarter tax revenue target by EUR 77.619 mln or 3.7 %, according to information released by the Revenue Service writes LETA.

17.04.2019

Mintos P2P lending platform launches funding project Mintos Impact Fund

Latvia’s Mintos peer-to-peer (P2P) lending platform has reached EUR 2 bn in total loans financed through the marketplace and started its first funding project Mintos Impact Fund, the company’s representatives informed BC.

16.04.2019

Kazakhstan continues working to attract foreign investments

In the modern world, business is associated with certain risks and difficulties. Typically, entrepreneurs look for reliable ways to develop and strengthen their businesses. Investment is a kind of long-term business plan bringing good income for many years under proper approach.

16.04.2019

Chairman of the Board on central bank digital currencies

Speech by Mr. Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, on the topic of central bank digital currencies, delivered at the Reinventing Bretton Woods Committee conference Managing the Soft Landing of the Global Economy, held in Washington DC.

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site