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Swedbank ups ante, wins over Hansa shareholders

TALLINN - A new buy-out offer by Swedbank helped win over Hansabank's minority shareholders last wee

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Eastern money under question

TALLINN - The Riigikogu's (Estonia's parliament) foreign affairs committee on March 17 discussed sec

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Banker reminds of fiscal prudence

RIGA - Latvia's fiscal surplus, reached in the first months of the new year, should be used exclusiv

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Nordic competition forces Estonians to think innovation

TALLINN - Taking a lesson from their Nordic neighbors, Estonian banks have decided to skip over a na

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Hansabank acquires Moscow's Kvest

TALLINN - Hansabank, the Baltic states' largest financial group, has successfully completed the acqu

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Ukio Bankas falls out with Fitch, moves on

VILNIUS - Ukio Bankas, Lithuania's fifth-biggest commercial bank by assets, announced on March 9 tha

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Strong GDP forecast for Latvia

RIGA - Latvia's inflation rate soared past expectations last month, and looks set to continue in thi

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Swedbank offer may be too sweet to pass up

TALLINN - Heldur Meerits, one of the largest private investors in Hansabank, said it would be diffic

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Brazauskas leery of new tax

VILNIUS - Prime Minister Algirdas Brazauskas said last week that he was skeptical of a Cabinet propo

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Minister: inflation under control

RIGA - Inflation in Latvia should level out with average price increase in the European Union, and s

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