The demand for mortgages remains stable. The programme of Altum is of importance, 05.10.2017

In the first half of this year, the same as previously, the dynamics of household lending was positive. According to data summarised by the Association of Latvian Commercial Banks (ALCB), the amount of loans issued to households in the first half of 2017 was 337 million euros, out of which 233 million euros were issued as mortgages.

Experts will debate the future of remote electronic identification, 03.10.2017

The Digital Freedom Festival in collaboration with the Representation of the European Commission in Latvia and the Association of Latvian Commercial Banks will organise an expert discussion on the future of remote electronic identification. The discussion will be held on October 6, from 10:30 till 12:30 in the OraculeTang co-working space conference room (Doma laukums 2, Riga).

Pension plans continue to grow steadily, the volume of collected funds in the second-pillar exceeds 3 billion euros., 08.09.2017

In the first half of 2017, Latvian pension funds and pension managers have secured a stable and positive yield - since the beginning of the year the average yield on second-pillar and third-pillar pension plans has been 3.5% and 1.75% respectively. Over a five year period - 3.56% and 4.36% respectively, according to the data of the Pension Fund Review of the Association of Latvian Commercial Banks (ALCB).

ACAMS and RTU Riga Business School Announce CAMS Certified Anti-Money Laundering Specialist Qualification Training Partnership, 25.08.2017

The Association of Certified Anti-Money Laundering Specialists (ACAMS) and RTU Riga Business School (RBS) are pleased to announce the formation of a strategic training partnership to support Latvian AML professionals preparing for the Certified Anti-Money Laundering Specialist (CAMS®) qualification, widely regarded as a global gold standard in the area of anti-money laundering certifications and recognized internationally by financial institutions, governments, regulators and standard setters. This training partnership aims to offer international AML/CTF best practice education to professionals working in AML and financial crime prevention and detection in Latvia

The ALCB begins cooperation with the Digital Freedom Festival, 15.08.2017

The Association of Latvian Commercial Banks (ALCB) has become the financial technology (fintech) partner of the Digital Freedom Festival. During the joint cooperation we will organise high level discussions attracting the most experienced experts in the area, both within the framework of the festival during November 27-28, as well as during several earlier warm-up events.
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