Wed, 28 Jul 2010: VEF Bank loses license…
Jul 28, 2010 Baltics
This decision was made based on the fact that the bank has not received authorization from the FCMC for its new shareholders; therefore the shareholders have no decision-making rights and are unab...Tags: Bank Operations, Bankruptcy Administrator, Fcmc, Insolvency Process, Lats, Liquidation, Losses, Money Payments, Petition, Prudent Bank, Regional Court, Rsquo, Seizure, Shareholders
Wed, 23 Apr 2008: GE Money to launch bank operations soon…
Apr 23, 2008 Baltics
He said GE Money, one of six main divisions of U.S.-based General Electric, saw a potential for developing banking services in particular. Hainz said that the company wants to obtain experience i...Tags: Baltic, Bank Operations, Banking Sector, Banking Services, Countries, Energy Issue, Ge Money, General Electric, Hainz, Investments, Launch, Lithuania, Medicine, Nordic, Regional Manager