Wed, 6 Apr 2011: Banks push for plastic…
Apr 6, 2011 Baltics
The board is due to give its final opinion after the banks have agreed on new fees. Latvia’s Competition Council fined 22 lenders about 5.5 million lats (7.8 million euros) for colluding o...Tags: Automated Teller Machines, Bank Card Transactions, Banking Association, Banks, Card Payments, Card Transaction, Colluding, Commissions, Competition Council, Euros, Interbank, Lats, Lenders, Merchants, Retail Banking, Swedbank, Transaction Fees
Thu, 20 Jan 2011: No change for big bills…
Jan 20, 2011 Baltics
Another possibility is that some people get paid in cash when working abroad, or they withdraw their wages from the local banks there in 500 euro notes,” she said. Wherever people get such...Tags: Banking Association, Banks, Ceo, Euro Notes, Face Value, Katrin, Retail Chains, Wages
Wed, 14 May 2008: Russian bank acquires troubled Multibanka …
May 14, 2008 Baltics
The deal was apparently under review for months, as the capital markets commission required additional time to check SMP Bank, which has entirely different accounting standards. In the second ha...Tags: Accounting Standards, Acquisition, Banking Association, Capital Markets, Financial Services, Multibanka, Percent Stake, Press Release, Russian Bank, Second Half
Thu, 5 Aug 1999: Latvian banks overcome crisis…
Aug 5, 1999 Latvia
In the first six months, 26 banks have lended a total of 755.9 million lats which is a 3.2 percent increase over the 1998 figure.The banking association president noted that banks mostly give cred...Tags: Agriculture, Association President, Banking Association, Consolidation, Lats, Latvia, Latvian Banks, Six Months, Tendency
Thu, 29 Jul 1999: Latvia: off-shore country?…
Jul 29, 1999 Latvia
At this point, however, bankers view the move as "simply illogical."Bankers believe the central bank's decision will result in a reduction in the volume of deals with banks located in territories ...Tags: Association President, Banking Association, Banks, Latvia, Legislation, Point Of View, Russian Central Bank, Shore Countries