factoring Latvia 26-11-2008 Another owner of factoring business is nationalized Latvian government allowed controol of Parex Banka. The European Commission (EC) has allowed the state to take control of joint-stock Parex Banka, according to Ivars Busmanis, press secretary of the European… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here