International Internet Magazine. Baltic States news & analytics
Friday, 28.04.2017, 17:05
The Latvian airline airBaltic has been recognized as one of the most punctual airlines in the world and has received five stars in the OTP Star Ratings system by OAG, the airline informed BC.
International rating agency “Moody’s Investors Service” has upgraded Citadele Bank’s long-term deposit rating from B1 to Ba2, with positive outlook, the Citadele Bank`s representative told BC.
Although the assets of Latvia’s banks servicing foreign clients decreased last year, the Top-three of Latvia’s largest banks by assets remained unchanged and included Swedban, ABLV Bank and Rietumu Banka, according to information provided by the Association of Latvian Commercial Banks writes LETA.
For the third year in a row, Venezuela is in first place in news agency Bloomberg's Misery Index, which combines countries' 2017 inflation and unemployment outlooks, while Latvia has moved up from 27th to 18th place among 65 economies included in the index, writes LETA.
Standard & Poor's has affirmed Lithuania's long-term credit rating at A- granted back in 2014, with a stable outlook, writes LETA/BNS.
International credit rating agency Moody's has once again affirmed the credit rating of Latvia’s Latvenergo power utility at Baa2, with a stable outlook, the company said in its statement to the Nasdaq Riga stock exchange.
Estonia climbed from ninth to sixth place on the Heritage Foundation and Wall Street Journal (WSJ) 2017 index of economic freedom published on Wednesday writes LETA/BNS.