ALCB Members Approve Social Charter of Banks, New Council of Association, and Change Strategy, 17.06.2016

At the meeting of June 16 of members of Association of Latvian Commercial Banks (ALCB), guidelines “Social Charter of Banks” for self-regulation of the banking field was approved, a new council of the Association was elected, and a change strategy of ALCB received the members’ support.

Payment Card Transactions Increased by 10%, 10.06.2016

Within a year, the number of transactions with payment cards that are issued by Latvian banks has increased by 10%, as shown by data summarised by Association of Latvian Commercial Banks (ALCB). The number of the transactions with payment cards in the first quarter of 2016 was 68.8 million amounting to the total sum of 2.34 billion euros.

Riga - One of the Global Finance Centres, 02.06.2016

For the very first time, Riga has been included in the Global Finance Centre Index taking the 71st place of a total of 86 global financial centres.

By 77% More Mortgage Credits in the First Quarter, 10.05.2016

Within the first three months of this year, Latvian banks have issued new mortgage loans for the total amount of 91.5 million euros to households, that is by 77% more than in the relevant period last year.*

Within the First Three Months, Banks have Credited Latvian Companies in the Amount of 312 Million Euros, 09.05.2016

Within the first quarter of this year, Latvian banks have credited development projects of Latvian companies amounting to 312 million euros, which is by 8% more than in the relevant period of 2015.*
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