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Business news in Riga

Yesterday 21:20ABLV Bank, AS redeemed two coupon bond issues    ( MENAFN.COM )
(MENAFN Editorial) Riga, Latvia, 2018-02-22 17:04 CET (GLOBE NEWSWIRE) -- On February 22, 2018, ABLV Bank, AS redeemed straight coupon bonds ABLV FXD USD 220218 (ISIN LV0000801991) and ABLV FXD EUR 220218 (ISIN LV0000802007) issued in 2016. The bonds were redeemed at ...
Yesterday 21:20Latvia central bank says loaned 297 million euros this week to lender ABLV    (Reuters)
Latvia cenbank says loaned 297 mln euros this week to lender ABLV - Reuters
Yesterday 18:45Mystery wallaby found in apple orchard in Latvia    ( Eng.Lsm.lv )
Its master couldn't be identified, as it did not have a chip nor any documents in its pouch, so it was taken to the Riga Zoo. It is currently alive and well at a quarantined building at the zoo. "It looks very well, from what we can tell. Of course it's frightened but it hasn't been harmed, we can't find any scars.
Yesterday 18:45Latvia ready to respond to any ripple effects of ABLV's troubles: government    (The Australian Financial Review)
European Central bank director dragged into Latvian banking scandals - The Australian Financial Review
Yesterday 17:00Investor in Bribery Case Opens New Attack on Latvian Bank Chief    (ExpressNewsline)
Latvian official misses ECB meeting as investigation deepens - ExpressNewsline
Yesterday 17:00Kangaroo found in apple orchard in Latvia    ( Eng.Lsm.lv )
If no owner is found, it will be taken into the Riga Zoo. It is currently alive and well at a quarantined building at the zoo. "It looks very well, from what we can tell. Of course it's frightened but it hasn't been harmed, we can't find any scars... We can't tell what will become of it, as we have to watch for any ...
Yesterday 15:45RPT-UPDATE 1-Latvian bank ABLV seeks 480 mln euro loan to reopen its doors    (Reuters)
RPT-INTERVIEW-Latvian minister urges central bank chief to quit over graft probe - Reuters
Yesterday 14:30Latvian financial supervisor sees no 'panic' over ABLV bank    (Reuters)
Latvian financial supervisor says no 'panic' from ABLV bank - Reuters
Yesterday 10:10Troubled Latvian bank faces ECB deadline to avoid closure    (Bloomberg)
Russians, Bribes and Spies Raise the Scandal Bar for EU Banking - Bloomberg
Yesterday 03:10Troubled Latvian bank faces ECB deadline to avoid closure    ( Reuters )
Troubled Latvian bank faces ECB deadline to avoid closure ... RIGA (Reuters) - The European Central Bank has set a deadline of Friday for Latvia's third-largest bank to plug a financing hole, the country's finance ... FILE PHOTO: A logo of the ABLV Bank is pictured in Riga, Latvia February 18, 2018.
Yesterday 02:10UPDATE 1-Latvian bank ABLV seeks 480 mln euro loan to reopen its doors    ( Reuters )
UPDATE 1-Latvian bank ABLV seeks 480 mln euro loan to reopen its doors ... RIGA, Feb 22 (Reuters) - One of Latvia's largest banks has asked for a 480 million euro loan from the country's central bank as part of efforts to reopen for business after being forced to halt all payments in the face of money ...
Yesterday 02:10ABLV Bank, AS redeemed two coupon bond issues    ( GlobeNewswire (press release) )
Riga, Latvia, 2018-02-22 17:04 CET (GLOBE NEWSWIRE) -- On February 22, 2018, ABLV Bank, AS redeemed straight coupon bonds ABLV FXD USD 220218 (ISIN LV0000801991) and ABLV FXD EUR 220218 (ISIN LV0000802007) issued in 2016. The bonds were redeemed at 100% of the face value ...
Yesterday 01:10Latvia's reputation at stake after corruption allegations    (Reuters Africa)
Latvian minister urges central bank chief to quit over graft probe - Reuters Africa
Yesterday 00:15New Council of New Hanza Capital Elected    ( GlobeNewswire (press release) )
Riga, Latvia, 2018-02-22 16:47 CET (GLOBE NEWSWIRE) -- At a special New Hanza Capital shareholders' meeting, the Council of the company was re-elected for a 5-year term of office at the same time increasing the number of Members of Council to four and introducing the appropriate amendments ...
02/22/2018 22:50She stressed that Washington and Riga have already been working together "for many years" in ...    ( Trader Planet )
ABLV has denied the accusations but its finances apparently deteriorated since then, leading the European Central Bank on Monday to prohibit the bank from making any payments. ABLV needed a rescue loan from the Latvian central bank. ABLV, Latvia's third largest bank by assets, is largely focused ...
02/22/2018 22:50Latvian lenders call on ECB to help sort out banking storm    (ZAWYA)
Latvian bank ABLV seeks $515.93mln loan to reopen its doors - ZAWYA
02/22/2018 20:55European Central Bank puts onus on Latvia in graft probe    (Reuters UK)
Latvian bank ABLV seeks 480 mln euro loan to reopen its doors - Reuters UK
02/22/2018 16:50Latvia's ABLV says customers pledged to keep millions on long term deposit    ( Reuters )
FRANKFURT (Reuters) - More than 1,000 customers at Latvian bank ABLV have pledged to keep 420 million euros (371.71 million pounds) in long term deposits of between 6 months and one year, a spokesman for ... FILE PHOTO - A logo of the ABLV Bank is pictured in Riga, Latvia February 18, 2018.
02/22/2018 16:50Latvia banking crisis: Riga wary Russia could be to blame for 'hybrid warfare'    (Reuters)
Latvian bank ABLV seeks 480 million euro loan to reopen its doors - Reuters
02/22/2018 15:45Latvia's top banking official is accused of demanding bribes    ( The Economist )
Latvian officials have repeatedly argued that the industry has cleaned up its act. But the facts tell another story. Several Riga-based banks were alleged to have moved money stolen in a tax fraud perpetrated by Russian officials on Hermitage Capital Management, an investment fund that specialises in ...

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