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Brussels, 19 th November 2009 State aid: Commission approves EUR103 million capital injections for 'Mortgage and Land Bank of Latvia' The European Commission has approved, under EC Treaty state aid rules, two capital injections...
DEAC, a Latvian IT outsourcing company, operating on the IT market already for 10 years, has opened its second data center in Riga, Latvia. DEAC CEO Andris Gailitis shares his gratitude. Year Turnover, Euros 2009 2,300,000...
Latvia's central bank warns of "another wave of distrust" beginning to roll over the Baltic country, as the government received no bids for one of its three auctions for debt securities, heightening worries over its financial...
Riga - The Latvian central bank said Wednesday the government in the recession-hit Baltic state was guilty of fostering distrust and lack of confidence as it argues with international lenders over the contents of t...
Dear investors! Unfortunately, by the resolution of JSC “Mortgage and Land Bank of Latvia” it was refused to grant credit means for purchase of the raw materials (metal), about which we informed you before and which we planned...
Moody's negative outlook for the Baltic countries' banking systems expresses the rating agency's view on the likely future direction of fundamental credit conditions in the industry over the next 12 to 18 months.
Maandag 14 september 2009 | International Monetary Fund ] In a coordination meeting held on September 11, 2009 in Stockholm, the parent banks of the four largest foreign-owned banks operating in Latvia reaffirmed their...
In a closed meeting yesterday the government approved signing an agreement with the World Bank on a loan of EUR 200 million, as the Finance Ministry informed LETA. The loan is necessary for state budgetary needs. To receive the...
By Andrew Ward in Stockholm If there were any doubts about the independence of Latvia's central bank, its governor did his best to quash them yesterday by challenging the country's prime minister on live television. Ilmars...
Hereby the Mortgage and Land bank of Latvia informs that on 10th of August 2009 the following interest rates were set for the interest period lasting from 15th of August 2009 till 15th of February 2010: Series of Mortgage Bonds...
