NEWS
Bad loans rising in Latvia
RIGA - The number of bad loans belonging to Latvian bank is on the rise, and although they will ultimately impact banks’ earnings they do not pose a threat to the system, a top regulator has said. Uldis Cerps, outgoing chief of the Latvian Finance and Capital Markets Commission, told the Baltic News Service that the overall situation with bad loans has worsened “slightly.” According to his data, the number of bad loans has increased by 0.1 percent, which is significant enough to affect the f ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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