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Latest articles from Latvia

Latvia looks beyond the gloom: Volatile Times

May 5, 2009

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.

The long road back: Volatile Times

May 5, 2009

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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Counting the cost: Volatile Times

May 5, 2009

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

Where Russia meets the EU

February 4, 2008

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.

Latvians seek growth at home and abroad

April 2, 2007

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.

Latvia

January 2, 2006

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

Banks pile in to join Baltic boom

July 4, 2005

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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