Government set to decide in principle on merging FCMC with Bank of Latvia

  • 2020-05-25
  • LETA/TBT Staff
RIGA - The government is set to decide in principle on merging the Bank of Latvia and the Financial and Capital Market Commission (FCMC) tomorrow, Prime Minister Krisjanis Karins (New Unity) told journalists following the weekly coalition meeting.  The prime minister said that the two institutions support the merger. "We will look how to use resources more effectively and ensure a better supervision of banks and the spine of the economy in general," the premier said. MP Ilze Indriksone (National Alliance) said that poli...
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