Latvia’s Rietumu Banka has released figures to show that it earned a profit of EUR 12.923 million in 2024, which was 2.2% more than in 2003. The Rietumu Banka Group [..]
Finance Latvia Association does not support the proposed windfall tax on banks
Finance Latvia Association does not support the proposed windfall tax on banks, as the association’s representatives informed LETA. However, while respecting the right of the state to set taxes and [..]
Clients of Latvia’s four largest banks were defrauded of EUR 8.432 million in first five months
Clients of Latvia’s four largest banks were defrauded of 8.432 million euros in the first five months of this year, by confirming payments themselves, which is 94.3 percent more than [..]