BankingNews

ABLV Bank recovers more assets

The ABLV Bank in Latvia, which is currently under the process of liquidation, recovered EUR 5.462 million of its assets in November, which was 20% less than the month before [..]

Germany’s Commerzbank has serious intentions in Lithuania

The intentions of Commerzbank, one of the largest German banks, in Lithuania are “absolutely serious” and the bank should inform about them itself in the nearest future, Economy and Innovation [..]

Lithuanian c. bank restricts Foxpay’s activities, appoints temporary representative

The Bank of Lithuania said on Friday it has restricted the activities of Foxpay, a financial technology company under the scrutiny of law enforcement authorities, and appointed Grant Thornton Baltic [..]

Less than 0.5% of SEB Banka’s clients are in arrears – CEO

The share of SEB Banka’s clients in arrears due to rising loan interest rates is less than 0.5 percent, SEB Banka CEO Ieva Tetere told LETA. In her opinion, it [..]