: :inin Kyiv (EET)

Latvia’s banking reputation at risk


Author(s): NEOnline | TB

latvia_bank.jpg

The reputation of Latvia’s financial institutions (traditionally a banking hub for the former Soviet Union) could come under threat due to the conflict in Ukraine, according to the Baltic International Bank.
In an interview with local media, Valeri Belokon, the bank’s chairman, warned if the conflict in Ukraine is not resolved soon “there’s a threat of a situation that could be compared to the Berlin Wall or in this case, …read more

Source: New Europe

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