Wed, 10 Aug 2011: Expansion helps debt level drop…

Corporate financial assets increased by 1 percent over the first quarter. This was supported by a hike in stock market yields and improved profitability, which helped offset the decline in deposit...

Wed, 6 Apr 2011: Banks speed up balance sheet cleanup…

This amount made up 13 percent of banks’ total net loan portfolio at end-2009. In 2010, Swedbank and its subsidiaries wrote off loans with a face value of 147 million lats, and 47.9 millio...

Wed, 10 Mar 2010: Merko in a buying mood…

“We see little need for acquisitions inside Estonia as there isn’t much that we would need to add to our competencies here.” Construction volumes shrank 54 percent in Lithuani...

Wed, 5 Aug 2009: Questions remain over Parex deal…

The government took over Parex on Nov. 8, 2008 injecting about 200 million lats onto its balance sheet. The commission approved an initial aid package last November, which consisted of state gua...

Wed, 29 Jul 2009: The week’s top news in world financial markets from Maximus Capital…

He noted that the "passive" unwind is already underway as demand at the liquidity facilities naturally declines with an improvement in financial conditions. However, given the Fed's massive asset ...

Wed, 30 Jul 2008: S&P still wary of Baltics …

Standard & Poor's affirmed Estonia's ratings at A/Negative/A-1 (respectively the long-term credit rating/ economic outlook/ short-term credit rating), Latvia's at BBB+/Negative/A-2, and Lithuani...

Wed, 23 May 2007: Standard & Poor’s cuts Latvia’s long-term rating, keeps spotlight on mac…

At the same time, a yawning current account deficit and inflation have put pressure on the local currency in recent months, and speculation that the lat may need to be devalued for the sake of ex...

Wed, 12 Oct 2005: Auditors unearth old airBaltic loan…

The Latvian Privatization Agency borrowed the funds in order to allow the state to participate in airBaltic's privatization. Sudraba said that the state's liabilities exceed the value of its stake...

Wed, 7 Sep 2005: Brazauskas sacks insurance overseer …

Tadas Kelpsas, a legal representative of plaintiff Autover Lietuva, said, "We will decide on lodging an appeal following the examination of that decision and information available in the bankruptc...

Wed, 23 Mar 2005: Beauty: a growing industry…

"At the moment we are not ready to get a listing this year because the company must learn to work according to stock exchange requirements 's for example, to make the balance sheet by the 10th dat...

Thu, 22 Jul 1999: Half year earnings of the most liquid companies…

In 1998, the respective figures were 228.6 million kroons and 45 million kroons. The company will publish its consolidated January-June balance sheet and profit report on July 30, after the report...

Thu, 10 Dec 1998: Earnings of the listed and to-be-listed companies…

ASA Kindlustus is Estonia's third largest insurance company in terms of premiums.รค The Forekspank Group ended the January-September period with a loss of 98.8 million kroons, the bank informed the...

Thu, 8 Oct 1998: Another Estonian bank goes under…

The next day, the Tallinn City Court started bankruptcy procedings against the institution, the fifth largest in Estonia.The council based its decision on a Banking Inspectorate report showing tha...
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