Wed, 10 Aug 2011: Expansion helps debt level drop…
Aug 10, 2011 Baltics
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...Tags: Adoption, Balance Sheet, Debt Level, Decline, Financial Assets, Financial Liabilities, Financial Position, Financial Sector, First Quarter, Gdp, Households, Indebtedness, Loan Portfolio, Market Yields, Profitability, Quarterly Growth Rate, Quarters, Resul, Shrinkage, Stock Market
Wed, 6 Apr 2011: Banks speed up balance sheet cleanup…
Apr 6, 2011 Baltics
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...Tags: Balance Sheet, Banks, Cleanup, Crises, Economy, Extreme Fluctuations, Face Value, Fortune, Lats, Loan Portfolio, Loan Portfolios, Loans, Market Management, Provisions, Rsquo, Subsidiaries, Swedbank, Total Net
Wed, 10 Mar 2010: Merko in a buying mood…
Mar 10, 2010 Baltics
“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...Tags: Acquisitions, Balance Sheet, Competencies, Credit Freeze, Estonia, Global Credit, Governments, Latvia, Lithuania, Merko, Recession, Rsquo
Wed, 5 Aug 2009: Questions remain over Parex deal…
Aug 5, 2009 Baltics
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...Tags: Agency Moody, Balance Sheet, European Bank For Reconstruction And Development, Initial Aid, Investors Service, Last November, Lats, Liquidity, Parex, Reconstruction, Shareholder Structure, Shareholders, Stable Outlook, State Guarantees, Subordinated Loans, Wed 5
Wed, 29 Jul 2009: The week’s top news in world financial markets from Maximus Capital…
Jul 29, 2009 Baltics
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 ...Tags: Assets, Balance Sheet, Bernanke, Declines, Fed Funds Rate, Financial Markets, Last Resort, Liquidity, Lockstep, Maximus, News World, Tools, Top News
Wed, 30 Jul 2008: S&P still wary of Baltics …
Jul 30, 2008 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...Tags: Balance Sheet, Bankruptcies, Bbb, Boom, Construction Activity, Credit Rating, Economic Outlook, Economic Slowdown, Estonia, First Quarter, Latvia, Lithuania, Private Sector, Public Sector, Residential Construction, Unemployment
Wed, 23 May 2007: Standard & Poor’s cuts Latvia’s long-term rating, keeps spotlight on mac…
May 23, 2007 Latvia
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...Tags: Balance Sheet, Balance Sheets, Currency, Current Account Deficit, Economy, External Pressures, Financial Distress, Inflation, Investors, Latvia, Latvian Market, Mac, Risk, Sake, Speculation, Spotlight, Urgent Action
Wed, 12 Oct 2005: Auditors unearth old airBaltic loan…
Oct 12, 2005 Baltics
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...Tags: Airline, Audits, Balance Sheet, Big Four Accounting Firm, Ernst Young, Latvian Privatization Agency, Liabilities, Loans, Stake, State Budget
Wed, 7 Sep 2005: Brazauskas sacks insurance overseer …
Sep 7, 2005 Baltics
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...Tags: All Creditors, Assets, Balance Sheet, Baltic News Service, Bankruptcy Proceedings, Ingo, Insurance, Legal Representative, Liabilities, Overseer, Plaintiff, Sacks, Seven Days, Total Value
Wed, 23 Mar 2005: Beauty: a growing industry…
Mar 23, 2005 Baltics
"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...Tags: Balance Sheet, Beauty Industry, Beauty Parlors, Cosmetic Stores, Cosmetics, Esthetique, Latvia, Moscow, Perfume, Perfumery, Sales Outlets, Sarma, Stock Exchange Requirements, Turnover
Thu, 22 Jul 1999: Half year earnings of the most liquid companies…
Jul 22, 1999 Baltics
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...Tags: Balance Sheet, Consolidated Profit, Currency, Earnings, Half Year, Kroons, Month Of June, Net Income, Norma, Optiva Bank, Profit Report, Provisions, Stock Exchange, Stock Investments, Turnover
Thu, 10 Dec 1998: Earnings of the listed and to-be-listed companies…
Dec 10, 1998 Baltics
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...Tags: Asa, Balance Sheet, Bottom Line, Earnings, First Nine Months, Hansapank, Insurance, Insurance Company, Kroons, Largest Insurance, Losses, Net Profit, Premiums, Russia, Stoc, Stock Exchange, Stock Investments, Subsidiaries
Thu, 8 Oct 1998: Another Estonian bank goes under…
Oct 8, 1998 Estonia
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...Tags: All Creditors, Balance Sheet, Bank Of Estonia, Bankruptcy, Capital Adequacy, Estonian Bank, Gap, Inspectorate Report, Kroons, Net Assets, Pank, Procedings, Russia, Security Portfolio, State Treasury, Tallinn City