Sunday, August 2, 2009

Bank Wars

Bad news from Riga and Latvia in general.
Credit crunch drove people and banks to critical situation. People don't have any cash, but banks try to rise bank interest on credits, which has been issued before.
That triggers even more problems. Clients take banks to court and vice versa.
Top 3 aggresive banks in Latvia are
  • Aizkraukles Banka
  • Parex Banka
  • Nordea

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