Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

internet library
Atlants.lv library
FAQ

Great deal: today with a discount!

Regular price:
1,99
You save:
0,36 (18%)
Discounted price*:
1,63
Purchase
Add to Wish List
ID number:723990
Evaluation:
Published: 14.04.2006.
Language: English
Level: College/University
Literature: n/a
References: Not used
Extract

Parex Group is one of the largest, oldest and most experienced private financial groups in the Baltic States. With its flagship Parex banka, the largest commercial bank in Latvia, and other companies such as Parex Asset Management , Parex Insurance Company, Parex Leasing Company, Parex bankas in Lithuania and the Parex banka branch in Estonia, Parex Group offers solutions for all of your financial needs in the Baltics. Our experience has been generated in the local market over 15 years of transition to a market economy, and with the accession of the Baltic States into the European Union, Parex Group is on its way to expand its territory and explore new markets.
Financials

Parex banka enjoyed a year of success in 2003 as its assets crossed the one billion Latvian lats threshold and the net profit was at a record high. Parex banka is the first bank in Latvia with over one billion lats in assets and the first with over 100 million lats in shareholder’s equity, thus retaining its position as the largest bank in Latvia for the seventh straight year. Other exciting events included a share capital increase of 27%, a 33% increase in loans, a 32% increase in net operating income, and impressive growth in all areas, including services to large corporations, SMEs and private persons. We were able to celebrate the 15th anniversary of the Parex brand as business in commercial lending, home mortgages, Bank cards, pension ser vices, capital markets activities, and asset management all increased.
Parex banka enjoyed a year of success in 2003 as its assets crossed the one billion Latvian lats threshold and the net profit was at a record high. Parex banka is the first bank in Latvia with over one billion lats in assets and the first with over 100 million lats in shareholder’s equity, thus retaining its position as the largest bank in Latvia for the seventh straight year. Other exciting events included a share capital increase of 27%, a 33% increase in loans, a 32% increase in net operating income, and impressive growth in all areas, including services to large corporations, SMEs and private persons. We were able to celebrate the 15th anniversary of the Parex brand as business in commercial lending, home mortgages, Bank cards, pension ser vices, capital markets activities, and asset management all increased. …

Author's comment
Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

Hi!
{Your name} suggests you to check out this Atlants.lv paper on „Parex Bank”.

Link to paper:
https://eng.atlants.lv/w/723990

Send

Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Draugiem.pase
Facebook
Twitter

Not registered yet?

Register and redeem free papers!

To receive free papers from Atlants.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register