Date: 03.01.2020.

International Internet Magazine. Baltic States news & analytics Thursday, 02.04.2020, 00:44

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Latvia: Lending continues on a downward trend in November

Latvia: Lending continues on a downward trend in November

03.01.2020

On the back of persistently weak external demand and increasing caution of banks and businesses, overall lending indicators as well as those of corporate loans declined in November, with the housing loan portfolio being the only one posting the usual minor growth. Hence, the annual growth rate of domestic lending dropped to 0.8%, a low since 2017.

Keyword tags: Analytics, Banks, Direct Speech, Economics, Financial Services, Latvia



Elektrilevi builds 200 km of high-speed internet grid

Elektrilevi builds 200 km of high-speed internet grid

03.01.2020

Electricity distribution system operator Elektrilevi has been building since the start of 2019 an operator-neutral access network, or the so-called internet last mile, which is to enable all telecommunications operators to provide their services on equal terms, the "Aktuaalne kaamera" newscast of public broadcaster ERR reported.

Lithuania's Siauliai region creates app for tourists

Lithuania's Siauliai region creates app for tourists

03.01.2020

Lithuania's northern region of Siauliai has created an app for tourists, Siauliai Tourism Information Center announced LETA/BNS.


Merging Financial and Capital Market Commission with Bank of Latvia has more advantages than disadvantages - Kazaks

Merging Financial and Capital Market Commission with Bank of Latvia has more advantages than disadvantages - Kazaks

03.01.2020

Merging of the Bank of Latvia with the Financial and Capital Market Commission (FCMC) would have more advantages than disadvantages, but it will require a strict separation of monetary policy and financial market supervision functions, and the merger will also have to ensure that the central bank's reserves are not touched in the event of different legal disputes, the Bank of Latvia Governor Martins Kazaks says in an interview with LETA.

Most of information at Register of Enterprises to be available free of charge

Most of information at Register of Enterprises to be available free of charge

03.01.2020

Information accumulated at the Register of Enterprises over the past thirty years will be available to the public free of charge as of next week, as Chief State Notary Guna Paidere told LETA.


03.01.2020

Lithuania: Changes in construction input prices

In November 2019, against October, construction input prices increased by 0.8%.

03.01.2020

The largest FDI in Lithuania – from Sweden and Estonia

Statistics Lithuania and the Bank of Lithuania publish provisional data on foreign direct investment for III quarter 2019.

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