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Former owners unhappy with bank plan

Mar 04, 2010
From wire reports

CREDIBLE ADVICE?: Former Parex owners express their concern for bank customers.
RIGA - Former Parex bank owners Viktors Krasovickis and Valerijs Kargins are ready to renew the bank’s normal activity in one year, stressed Krasovickis in an interview with the daily Telegraf. “Parex bank should be effectively put in order in a short period of time, and not pulled apart through restructuring. The [economic] situation will improve and the bank could return the money invested by the state, and pay taxes,” claimed the former banker. He considers the idea ...

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