Wed, 11 May 2011: Parex ends syndicated loan debacle…
May 11, 2011 Baltics
It proves gradual economic recovery of Latvia and the correctness of the strategy chosen for tackling problems in the banking sector, said Gwilliam. According to Parex Bank’s restructuring...Tags: Assets, Banking Sector, Correctness, Debacle, Economic Recovery, Finance Ministry, Latvia, Non Performing Loans, Parex Bank, Restructuring, Rsquo, Selling Securities, State Treasury, Syndicated Loan
Wed, 27 Apr 2011: Rules say ‘no’ to use of reserves…
Apr 27, 2011 Baltics
The government split Parex into an asset management company and created a new retail bank called Citadele Bank in preparation for the sale of both. “Our mandatory reserves are calculated a...Tags: Asset Management Company, Chairman Christopher, Euros, Finance Loan, Gwilliam, Investments, Liabilities, Logical Step, Ministry Of Finance, Parex, Retail Bank, Riga Stock Exchange, Rsquo, Syndicated Loan, Tranche
Wed, 8 Dec 2010: Parex sticks to plan…
Dec 8, 2010 Baltics
30 this year, total assets - 859.7 million lats and 866.4 million lats, respectively. Capital and reserves were 74.5 million lats for Parex bank and 78.4 million lats for Parex Group. Taking int...Tags: Asset Management, Assets, Bank Loan, High Quality, Lats, Lenders, Loan Portfolio, Money, Parex Bank, Professional Team, Quality Specialists, State Assistance, Syndicated Loan, Taking Into Consideration
Wed, 4 Jul 2007: Parex secures record syndicated loan …
Jul 4, 2007 Baltics
"We are proud to be the first Latvian private bank to enter this market and delighted to once again set the market benchmark with this record-breaking amount of 500 million euros as the largest ...Tags: Assets, Baltic News, Baltic Times, Benchmark, Business Purposes, Debt Capital Markets, Euros, Fina, General Business, Hansabanka, Investment Banking, Latvia, Parex Bank, Private Bank, Remainder, Seb Unibanka, Syndicated Loan
Wed, 8 Jun 2005: EBRD takes slice of Siauliu Bankas…
Jun 8, 2005 Baltics
I think that the bond is likely to pay 3.1 's 3.2 percent interest," he told a new conference June 3. Savickas said that the bank expected to launch the bond issue in about a month's time and comp...Tags: Baltic News Service, Bankas, Bond Issue, Business Finance, Ebrd, Euros, Investment Opportunity, Investors, June 3, Medium Sized Business, National Bank, Savickas, Syndicated Loan
Wed, 20 Apr 2005: Banks extend whopping loan to Kaunas mega-mall…
Apr 20, 2005 Baltics
The Hansabank Group will extend some 340 million litas, while Nordea Bank Lietuva will loan some 219 million litas, and the Sampo Group about 81.3 million litas. Vilniaus Akropolis will add the sy...Tags: Akropolis, Baltic Countries, Bank Loan, Banks, First Three Months, Grocery Stores, Klaipeda, Lietuva, Litas, Malls, Market Operator, Maxima, Mega Mall, Nordea Bank, Prekyba, Romania, Surg, Syndicated Loan, Vp
Wed, 2 Mar 2005: Nord/LB signs for syndicated loan…
Mar 2, 2005 Baltics
Ozolins said he was pleased with obtaining the syndicated loan, as the bank had spent several months arranging it. The loan will be provided by nine European banks 's Germany's WestLB as the lead ...Tags: Anglo Irish Bank, Baden, Bank Austria, Danske Bank, Dekabank Deutsche Girozentrale, Denmark, Erste Bank, European Banks, Financial Resources, Finland, Ireland, Kantonalbank, Landwirtschaftliche Rentenbank, Lead Manager, Sampo Bank, Signs, Sparkassen, Swiss Bank, Syndicated Loan, Westlb
Thu, 27 Nov 2003: New Stumbras management makes a strange loan…
Nov 27, 2003 Baltics
News of the loan confirmed the suspicions of market analysts who said during Stumbras' privatization that investors were after the distillery's cash as much as the company itself. In early October...Tags: Banks, Cash Position, Distillery, Investments, Investors, Loan Agreement, Loan News, Loans, Market Analysts, Privatization, Speculation, Strange News, Subsidiary, Suspicions, Syndicated Loan, Time Deposits
Thu, 25 Mar 1999: Summed up…
Mar 25, 1999 Baltics
Tokyo was named the most expensive city of the world. Moscow, which is eighth on the list, is the most expensive city in Europe and the former Soviet block. It outstrips places of notoriously expe...Tags: Banks, Economic Environment, Europe, Geneva, Kalev, Money, Moscow, Soviet Block, Spokesperson, Syndicated Loan, Tokyo, Ukraine And Russia, Zurich
Thu, 26 Nov 1998: Hansapank receives major money shots…
Nov 26, 1998 Baltics
"This project will therefore strengthen a key player and support it in meeting the financing requirements of the private sector."The 150 million deutschemark loan that Hansapank received on Nov. 1...Tags: Banking Sector, Banks, Deutschemark, Ebrd, Financial Institution, Hansapank, Loan Interest, Money Shots, Participant, Press Release, Private Sector, Russian Crisis, Syndicate, Syndicated Loan