Critical Financial Services Management Rules: Ensuring Access to Financial Services in Latvia

Critical Financial Services Management Rules: Ensuring Access to Financial Services in Latvia

Published: 31.10.2023. The Board of the Bank of Latvia, continuing to strengthen the stability of the Latvian financial system, has adopted “Critical Financial Services Management Rules”, which will enter into force on November 1, 2023, with a longer transition period for certain measures. After the integration of the Financial and Capital Market Commission, the role … Read more

Bank of Latvia Approves Additions to AS APF Holdings Prospectus for Public Offering of Shares

Bank of Latvia Approves Additions to AS APF Holdings Prospectus for Public Offering of Shares

Published: 30.10.2023. On October 30, the supervisory committee of the Bank of Latvia approved the additions to the prospectus of the public offering of JSC “APF Holdings” shares. AS “APF Holdings” has supplemented and amended the information included in the prospectus, as well as extended the offer period until November 3, 2023. From the approval … Read more

Promote Access to Higher Education with the National Bank’s Innovative Loan Offering 100,000 Soles

Promote Access to Higher Education with the National Bank’s Innovative Loan Offering 100,000 Soles

In an effort to promote access to higher education, the National bank has launched an innovative loan that opens doors to academic opportunities. With a significant sum of 100 thousand soles, this loan not only encourages the completion of studies, but also stands as substantial financial support for those seeking to advance their educational careers. … Read more

Latvian Cooperative Credit Union Segment: Key Statistics and Performance Analysis for 2023

Latvian Cooperative Credit Union Segment: Key Statistics and Performance Analysis for 2023

Published: 08.09.2023. At the end of June of this year, 29 cooperative credit unions (KKS) operated in Latvia, which managed assets in the amount of 29.3 million euros. Over the past 12 months, the KKS segment has narrowed moderately: the total amount of assets decreased by 6.9%, the number of KKS decreased by two, but … Read more

Peru’s Banco de la Nación Launches New Loan Campaign with Competitive Rates and Flexibility

Peru’s Banco de la Nación Launches New Loan Campaign with Competitive Rates and Flexibility

Peru’s Banco de la Nación (BN) officially unveiled its third loan campaign. The bank will offer credits from 300 to 100,000 soles with competitive financial market rates, whose payment terms will have a flexibility of up to 60 months. In addition, it should be noted that for this opportunity there will be a promotional interest … Read more

China’s “Compound” Challenge to the Bank of China: Echoes of the Soviet Union in the 1960s

China’s “Compound” Challenge to the Bank of China: Echoes of the Soviet Union in the 1960s

China’s “compound” challenge to the Bank of China: it is repeating the Soviet Union in the 1960s-News-Rti Central Radio close Voice of Taiwan Download the official APP immediately skip to main content ::: Time: 2023-08-30 12:01 News Citation: Interview Writer and Editor: Chen Lin Xinghong China is facing multiple challenges such as real estate collapse, … Read more

Get Low-Interest Loans with Flexible Payment Terms from Banco de la Nación’s Third Loan Campaign

Peru’s Banco de la Nación Launches New Loan Campaign with Competitive Rates and Flexibility

He National bank (BN) of Peru officially unveiled its third loan campaign. The bank will offer credits from 300 to 100,000 soles with competitive financial market rates, whose payment terms will have a flexibility of up to 60 months. In addition, it should be noted that for this opportunity there will be a promotional interest … Read more

HR Asia Awards awards ‘Asia’s Best Workplace’ to NCB

HR Asia Awards awards ‘Asia’s Best Workplace’ to NCB

(PLO)- On August 3, National Commercial Joint Stock Bank (NCB) was honored to receive the award “Best Companies to Work for in Asia 2023” at the HRAA (HR) Awards. Asia Awards). This is a prestigious international award held annually by HR Asia Magazine to recognize and honor businesses with outstanding HR policies and professional working … Read more

Protecting Yourself from Social Media Fraud: Warning from the Bank of Latvia

Bank of Latvia Approves Additions to AS APF Holdings Prospectus for Public Offering of Shares

Published: 28.07.2023. The Bank of Latvia warns that fraudsters who impersonate well-known people, high-level managers, officials and journalists are active in social media. In the name of these persons, misleading content information is distributed, designed using Latvian media brands, and announcing the possibility of improving the financial situation. By showing interest in these fake messages, … Read more

Beware of Fraudsters Impersonating European Securities and Markets Authority and Bank of Latvia: Important Warning for Residents

Beware of Fraudsters Impersonating European Securities and Markets Authority and Bank of Latvia: Important Warning for Residents

European Securities and Markets Authority (ESMA) has issued a warning about fraudulent calls being made by individuals impersonating or using the name of the institution. These fraudsters are pressuring residents to disclose personal, payment card, or authentication data, as well as offering to recover lost financial funds. They also instruct victims to open specific websites … Read more