Banks

International Internet Magazine. Baltic States news & analytics Wednesday, 01.04.2020, 23:00

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
Monetary aggregates are on sick leave

Monetary aggregates are on sick leave

31.03.2020

Both the received deposits and granted loans showed signs of decrease in the first two months of the year. With slower economic growth reducing the profitability of businesses, domestic deposits declined seasonally in January, and their minor rise in February did not allow for a return to the level of December.

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



Estonian central bank recommends focusing on immediate mitigation of crisis impact

Estonian central bank recommends focusing on immediate mitigation of crisis impact

31.03.2020

Bank of Estonia governor Madis Muller, who on Tuesday attended a sitting of the finance committee of the Riigikogu, said that it is currently important to focus on supporting the economy with steps that will directly support people and businesses in coping with the coronavirus crisis.

Bank of Latvia expects Latvia's GDP to drop 6.5% this year

Bank of Latvia expects Latvia's GDP to drop 6.5% this year

26.03.2020

The Bank of Latvia expects Latvia's gross domestic product to drop 6.5% this year, while average annual inflation is estimated at 0.5%, the central bank told LETA.


NIB finances hospital infrastructure developments in NE Estonia with EUR 9 mln loan

NIB finances hospital infrastructure developments in NE Estonia with EUR 9 mln loan

26.03.2020

Nordic Investment Bank (NIB) and Estonia's East-Viru Central Hospital have signed a 17-year loan facility agreement for infrastructure investments at the East-Viru Central Hospital between 2019 and 2023, reported LETA/BNS.

Estonia: 75% of terminals updated to accept new EUR 50 contactless payment limit

Estonia: 75% of terminals updated to accept new EUR 50 contactless payment limit

25.03.2020

Estonian banks on Monday raised the limit on contactless payments to 50 euros in an effort to minimize contact so as to curb the spread of the novel coronavirus, and so far, 75% of terminals have been updated in the central systems, informed LETA/BNS.


23.03.2020

The Kalsnava Distillery alcohol manufacturing plant adjusted its manufacturing to produce alcohol for disinfectants manufactured in Latvia

The Kalsnava Distillery alcohol manufacturing plant adjusted its manufacturing to produce alcohol for disinfectants manufactured in Latvia.

19.03.2020

Sweden's Swedbank fined EUR 360 mln

Sweden's Swedbank has been fined with SEK 4 bn (EUR 360 mln) for serious deficiencies in its management of the risk of money laundering in its Baltic operations, the bank informed LETA.

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

Search site