Archive for May 17th, 2011

Swedbank in Latvia showed record profits and reduction of loan book

Financial group Swedbank in Latvia in the first quarter of 2011 worked at a profit, which amounted to 21.6 million lats, whereas in the same period last year Latvian group Swedbank worked with losses. However, it was noted in the report of Swedbank that it was in Latvia (in comparison with other countries) where there [...]