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For Komercbanka, it's the home stretch

Sep 30, 1999
By Steven C. Johnson

RIGA - Rigas Komercbanka will re-open in mid-October and should have a strategic investor by year's end, bank President Hakan Kallaker told journalists Sept. 24.Negotiations have already started with three North European banks; Kallaker would not identify potential investors but said banks likely to be interested in the Baltic states are those from Scandinavia or northern Germany.Meanwhile, Komercbanka will bounce back from an eight-month hiatus sometime between Oct. 10 and Oct. 15 with a new na ...

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