RIGA - Starting next school year, SEB Banka will no longer issue state-underwritten study loans, LETA was told by the bank.
Work is under way at the moment to select credit institutions that will issue study loans and student loans, which will now be underwritten by the Development Finance Institution Altum.
"After assessing the resources necessary to implement changes in the current study loan administration process and prepare a new infrastructure, SEB Banka has decided not to apply for the right to issue study and student loans in the 2020-2021 ...
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