International Internet Magazine. Baltic States news & analytics
Wednesday, 11.12.2024, 21:11
Kredex rejects Cleveron's EUR 30 mln loan application in Estonia
17.12.2020The Viljandi, South Estonia based manufacturer of parcel robots Cleveron, which asked for a loan of 30 million euros from Kredex for the establishment of a new parcel machine network, received a negative response to its request on Monday, the regional Sakala writes, cites LETA/BNS.
Keyword tags: Estonia, Financial Services, Legislation, Loan, Technology, Transport
Coalition in Latvia agrees to increase government guarantees for study loans
16.11.2020The government coalition on Monday agreed on raising the amount of government guarantees available for study loans, Raivis Dzintars, leader of the National Alliance, told journalists following the weekly coalition meeting, informs LETA.
Swedbank temporarily suspends provision of study and student loans
12.11.2020Swedbank has temporarily suspended provision of study and student loans, LETA was told at the bank.
Latvian monetary financial institutions report EUR 105.5 mln in 9-month profit
28.10.2020Latvian monetary financial institutions (mainly banks) earned EUR 105.5 million in aggregate profit in the first nine months of 2020, which is by 45.9 percent less than in the same period a year ago, the Bank of Latvia reported, cites LETA.
SEB starts offering green loans to Baltic companies
14.10.2020SEB will from now on direct cash raised through the issuance of green bonds also to the Baltic countries, enabling businesses in Estonia, Latvia and Lithuania to seek financing for green projects, informs LETA/BNS.
NIB lends EUR 33.5 mln to Ignitis's wind farm in Poland
The Nordic Investment Bank plans to lend up to 150 million zloty (around 33.5 million euros) to Pomerania Wind Farm, part of Lithuanian energy group Ignitis Grupe's (Ignitis Group), for the implementation of the 94 MW Pomerania wind farm project which is being developed in Poland, reports LETA/BNS.