Don’t put all your faith in your local bank!

  • 2018-02-28
  • linas Jegelevicius
Brutally cold temperatures have been engulfing the Baltics at the end of February. It’s quite entertaining to see all the fur coat- and cap-clad ladies and the less flamboyantly dressed men out there! Whilst Lithuania and Estonia are indulging in centennial celebrations, Latvia is gripped by the winding down of the country’s third-largest bank, ABLV, which is suspected of money laundering tied to North Korea. Previously, the head of Latvia's central bank, Ilmars Rimsevics, was detained by the country's anti-corruption agency on suspi...
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