もっと詳しく

Signet Bank is mulling acquiring a decisive influence over LPB Bank, according to information published by the Latvian Competition Council, LETA, a Latvian newswire, reported on December 6. The Competition Council informs that it has received a merger report from Signet Bank on the acquisition of decisive influence over LPB Bank. Thus the activities of Signet Bank and LPB Bank overlap in the Latvian banking market. The Bank of Latvia has so far not commented to LETA on the merger. The Financial and Capital Market Commission (FCMC), which has been merged into the Bank of Latvia from this year, …