About bank policies

  • 2009-04-02
  • By Gundars Sondors
Referring to a TBT interview with Mats Staffansson, Swedish Ambassador to Latvia published about a month ago. His Excellence said that Swedish banks in Latvia have been operating in the legal framework of Latvian legislation, not violating local laws. In an interview with Diena, the Ambassador said that the Baltics are the backyard of Scandinavia and integral part of their market. Perhaps he is right, but as you know there is a great tide of dissatisfaction with banking policies of crediting. The biggest loan issuer is Swedbank, it has the biggest credit portfolio, having now 25.9 percent f...
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