Wed, 8 Jun 2011: Lukashenko defiant amidst crisis…

The size and maturity of a package from the Washington-based lender “will be determined by the country’s financing needs and its balance of payments.” The Russian-led Eurasian E...

Thu, 16 Dec 2010: Business Analysis: Here’s to 2011!…

Just prior to his address the room filled with UK civil servants keen to hear about, and understand, the actions taken. As soon as he finished, they left. I have no comment to make on the Latvian...

Wed, 3 Feb 2010: Parex looks to raise more capital…

Each bond will pay an interest rate of 5 percent with a maturity of two years, with the bank having early redemption rights. The planned issue date for the bonds is Feb. 15 of this year. The bon...

Wed, 25 Feb 2009: The week’s top news in world financial markets from Maximus Capital…

Another focus of worries is related to Obama's $787 billion rescue plan, which turned out to be heavy on rhetoric but light on detail. Don't forget that this plan was aimed at further capital inje...

Wed, 19 Nov 2008: Parex Bank posts losses “tens of millions” …

We still have to work with non-residents," he said. The bank, which is poised to be taken over by the Latvian government, will continue functioning and even reports new accounts being opened. FKTK...

Wed, 31 Oct 2007: Agrovaldymo Grupe to issue IPO…

Agrovaldymo Grupe has three main business activities: the acquisition of other agricultural companies, expansion of agricultural land holdings 's either through purchase or lease 's and investmen...

Wed, 5 Oct 2005: Latvia borrows 150 million from EIB…

Previously Latvia received 371 million euros from the EIB, Estonia 303 million and Lithuania 280 million.Both state institutions and municipalities will be eligible to receive funds from the loan ...

Thu, 16 Jan 2003: Baltic car sales increasing…

Toyota's Avensis and Lexus LX300 are expected to attract customers, as well as the arrival of the new Landcruiser.Renault is market leader in Lithuania, which in 2002 passed the barrier of 10,000 ...

Thu, 8 Jul 1999: IFC to assist SMEs with loan to Vilniaus Bankas…

"The loans, with a maturity ranging from two to seven years, will be granted to private companies with total assets not exceeding 60 million litas ($15 million)," explained Niedvaras. "Currentl...
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