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There are only a few companies in Latvia providing commercial credit insurance now analysts say (more…)
The Latvian bank Parex plans to exploit leasing opportunities in the transport sector by targeting the Commonwealth of Independent States. …
According to the Latvian Lessors’ Association (LAA), the leasing and factoring market in Latvia has grown 11.8 per cent this…
#banks#interest#leasing
The leasing portfolio of one of the youngest leasing companies in Latvia, NORD/LB Lizings, has reached LVL 6.7 million (Ђ10.1m),…
The volume of loans issued by Latvia’s commercial banks has grown by 20 per cent in the first half of…
The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…
#interest#leasing#Nordea
Latvia's capital and financial account had a surplus of LVL 166.5 million in Q1. The inflow of financial resources was…
Bank NORD/LB Latvia and European Investment Bank (EIB) have signed an agreement on credit facility of Ђ10m. The funds will…
#bank#Nord/LB#SME lending
The European Investment Bank will lend Ђ30 million to Vereinsbank Riga to finance SME infrastructure projects. According to Thomas Schuetze,…
Financing supplies is a short term (up to 180 days) financing instrument for current assets, applied on supplies of goods…
#interest#interest rate#Nordea
The chairman of the board of Nordea Finance Latvia, Maris Skujins, predicts that the factoring portfolio in Latvia could reach…
#exporters#interest#interest rates
Seven banks and insurance companies have expressed interest in opening an affiliate company in Latvia. The companies comprise three from…
#bank#banks#insurance
The ministry of economics and organizations has elaborated a new programme for the development of small- and medium-sized enterprises (SMEs).…