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Latvia

New VAT rates to be applied from May 1

The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per cent will apply to the categories including medical drugs; books, mass media, entry to sports events and cinemas etc. An...

#interest#interest rates#leasing

Factoring and leasing portfolio up 16.6 per cent in...

The factoring and leasing portfolio of the members of the Latvian Lessors’ association grew 16.6 per cent, to LVL332 million…

#banks#leasing#Nordea


Profit of Unibanka at LVL 13.3 million in 2003

Latvijas Unibanka achieved a profit of LVL 13.309 million in 2003, down 2 per cent from 2002 when it reached…


Latvia's factoring and leasing association members’ portfolio up 10%...

According to association data, factoring portfolio of the association members as at 1 October was 33.5 million lats, down 7…


Unilizings leasing and factoring portfolio grows to 100m lats

Latvia's Unilizings company’s leasing and factoring portfolio has reached 100 million lats (Ђ153.4m) after nine months of this year, rising…

#bank#leasing#Two


Latvians vote 'yes' to EU membership

Latvia became the last of the EU's 10 applicant countries to approve membership of the union on Saturday (20 September)…


Strong Growth for factoring and leasing in 2002; same...

Three members of Latvia's Leasing Provider Association, Hanza Lizings, Unilizings and Nordea Finance Latvija have reported a factoring and leasing…


Leading Latvian factor stays on top

The leasing and factoring portfolio of Latvia's Hanza Lizings company gained 31 percent last year to 167 million lats, holding…

Latvian factor intentionally cuts market share

Unilizings leasing and factoring company, owned by Latvian Unibanka, last year earned a profit of 2.53m lats (EUR 4.03m), up…

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