Wed, 10 Feb 2010: Financial market reform nears agreement…

Broader agreements are needed as an “acute crisis” in the former Soviet region would be “detrimental to Sweden’s economic development,” said Riksbank Governor Stef...

Wed, 23 Sep 2009: Banks rein in lending as losses mount…

Nordic banks, however, have recently reaffirmed their commitment to meet the liquidity and capital needs of their branches in these countries, and have agreed to "maintain their overall exposure,"...

Wed, 22 Nov 2006: Let’s welcome the ‘Baltic tigers’ …

Inflation has pushed back the countries' chances of joining the eurozone in the near future. According to Nordea, the Baltic economies may be headed toward a situation where wages rise due to in...

Thu, 21 Oct 1999: Latvia’s interbank rates rise…

13 and 8.57 percent on Oct. 13. It could be the demand for capital, said Andris Berzins, president of Unibanka."When we need more money to reactivate our economy, it is normal," he said. "The poli...

Thu, 30 Jul 1998: Hanza Lizings grabs for more …

Currently the company holds a 30 percent market share, while LZB Lizings has only 3 to 4 percent of the Latvian leasing market.According to Birkmanis, the two companies' consolidation serves the i...

Thu, 23 Jul 1998: Tough times for leasing market…

The leasing of real estate increased the most – its volume grew more than five times during the year, amounting to nine percent of the total leasing portfolio. Automobiles and commercial vehicles ...
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