Latvia

In general, small and medium-sized enterprises (SMEs) in Latvia have good access to financing for growth, according to the latest annual report by the ...

Latvian factoring market grew by almost 50pc in 2012.

Jelena Tihonova, Head of Trade FinanceDepartment, JSC TRASTA, provides an overview of the Latvian factoring market, covering industry environment, market performance, supply and future trends, for the World Factoring Yearbook 2011.

Edgars Niedra, Senior Specialist, Trade Finance Department at Joint Stock Company Trasta Komercbanka, discusses the Latvian factoring industry s dramatic contraction in 2009 and explains how the industry is working to build a more stable future.

Latvia's factoring market contracted 50.5% in 2009...

Through its Finance and Economy Ministries, Latvia has become the latest government to support businesses, with a programme worth LVL 120 million (EUR 171m)

Activity in the Latvian factoring market has shrunk to its 2006 level, while leasing has fallen to 2004 levels, according to Nordea Finance, Latvia.

The Nordic Investment Bank and the Latvian state-owned Latvijas Hipoteku un zemes banka have signed a new agreement for a 10-year-maturity loan programme to help the country's SME sector.

Latvian government allowed controol of Parex Banka.

Latvian business confidence fell to the lowest ever in the third quarter as the economy entered a recession