Latest articles from Latvia

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From World / Central & Eastern Europe / Latvia

Latvia: Searching for a new path to economic growth

Flooded with Scandinavian liquidity during the boom years, Latvia has suffered the most severe bust in the EU and bankers are devising a new business model while clearing up the consequences of the old one. Writer Philip Alexander

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From World / Central & Eastern Europe / Latvia

Revival process: Volatile Times

Latvia has been the worst-hit of the three Baltic states following the global credit squeeze and economic slowdown. Bank of Latvia governor Ilmars Rimsevics tells Lara Williams how policy makers are responding to the challenges.

From World / Central & Eastern Europe / Latvia

Latvia looks beyond the gloom: Volatile Times

While Latvia has not been immune to the effects of the global economic downturn, it is keenly positioned to attract investors into the country when things pick up, says Olyga Ertuganove, senior analyst at Latvijas Krãjbanka.

From World / Central & Eastern Europe / Latvia

The long road back: Volatile Times

Without an injection of millions of euros from the international banking community, Parex Bank would have gone under last November. But just six months on, Robert Anderson reports on Latvia's second largest bank's slow, but steady recovery.

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From World / Central & Eastern Europe / Latvia

Counting the cost: Volatile Times

The aggressive increase in residential and commercial real estate lending in the three Baltic states by Swedbank and SEB has left the two institutions painfully exposed to the market crash. Robert Anderson reports

From World / Central & Eastern Europe / Latvia

Where Russia meets the EU

Formed in 1992, Parex has seen off various crises to become Latvia’s second largest bank by selling itself as a channel into western Europe for Russian investors. Robert Anderson reports.

From World / Central & Eastern Europe / Latvia

Latvians seek growth at home and abroad

Competition for market share is tightening in Latvia’s banking sector. Some institutions are seeking organic growth at home, others are looking abroad for expansion opportunities. James Hydzik reports.

From World / Central & Eastern Europe / Latvia

Latvia

Lateko Banka
Sergey Gusarov, Chairman of the board of the JSC

From World / Central & Eastern Europe / Latvia

Banks pile in to join Baltic boom

Ben Aris reports on the banking sector surge in Estonia, Latvia and Lithuania, spurred on by EU accession and foreign interest in the market.

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