Lower interest rates mean that interest in lending is growing once again, the board chairman of the Signet Bank, Roberts Idelsons, told the LETA News Agency in an interview. “A [..]
Lithuanian govt in favor of obliging banks to also provide fixed-rate loans
The Lithuanian government on Friday agreed to oblige financial institutions to provide consumers with a real opportunity to choose the type of credit interest rates and to get loans with [..]
LHV expert: Rising deposit rates have led Estonian residents to cut consumption
Heido Vitsur, expert at LHV, said in his comments on retail data for November that the rise in interest rates on term deposits in banks to to 4-4.5 percent has [..]
State support worth 30% of interest to be paid to mortgage borrowers
Amendments to the Consumer Rights Protection Law, intended to support mortgage borrowers, come into force on January 1. The amendments enable the provision of state support to mortgage borrowers in [..]
High Euribor drives lumber prices in Estonia to lowest in years
Over the past year, all kinds of prices in Estonia have seen largely sharp increases – but lumber prices have halved. Behind this particular drop is the same factor troubling [..]
Bank of Latvia leaves inflation forecast for this year at 9%
The Bank of Latvia has left its inflation forecast for 2023 at 9 percent, LETA was told at the central bank. In the following years, Latvian inflation is expected to [..]
Support worth 30% of interest to be paid to mortgage borrowers next year
The Saeima on Wednesday passed in the final reading amendments enabling the provision of state support to mortgage borrowers in the amount of 30 percent of their interest payments, but [..]
15°C 
17°C 
