bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Wednesday 28.09.2016 | Name days: Sergejs, Svetlana, Lana
LatviaLatvia

DnB Nord Bank changes its name

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIt is set to change DnB Nord Bank‘s name on November 11, 2011. From now on it will be DNB Bank, reveals the bank’s board chairman Andris Ozolins.

For already a year, DnB Nord Bank’s sole shareholder is the largest Norwegian bank DnB NOR, so it was decided to move to a single brand in all 20 countries where DnB NOR is operating, Ozolins indicates in an interview to the magazine Bizness & Baltija.

He adds that the re-branding process has already started off and so far the most significant attention has been focused on explaining changes to the credit institution’s employees.

Along with the brand change, it is planned to launch new products on the market, some of which will be available already on November 11, while the rest – in late 2011 or early 2012. One of the plans provides installation of multi-currency ATMs, so that it would be possible to withdraw not only lats, but also euro and dollars. It is also intended to offer new deposit product – investments in Norwegian krone. Likewise, the service DNB Plus will be available to the clients to open accounts in Norway, Lithuania and Estonia via Latvian branches.

Ref: 102.106.106.185


Leave a reply

Aseradens: decline of electricity prices expected in Latvia

If reforms are successfully realized in the electrical energy market, Latvia may experience a decline in electricity prices, as announced by Economy Minister Arvils Aseradens.

MH17 investigators: Missile came from Russia, was shot from rebel-held territory

The Dutch-led international team of prosecutors stated on September 28 that it has found that the missile with which passenger plane on flight MH17 was downed in 2014 over eastern Ukraine was shot from territory held by pro-Kremlin separatists.

Politicians forget about transit industry as a source of income for state budget

Politicians and the public regularly discuss the lack of budget funds to afford improvements for healthcare, education, law enforcement. New taxes and new ways of adding money to the state chancellery are sought left and right. They forget that transit has always been a stable source of income for Latvia, Vesti Segodnya writes.

Study: most girls and half of boys in Riga do not tie their future to exact sciences

73.5% of girls and 49.1% of boys in Riga do not see their future associated with exact sciences, according to results of Jaunieši IT study carried out in Riga’s schools.

Businessmen: faster adoption of e-procurements system would benefit competition

To ensure more transparent procurements, businessmen urge government to introduce an electronic procurement system as soon as possible. This system is expected to ensure honest competition and help resolve other problems that are often present in state and municipal procurements.

President: KNAB supervisory institutions should explain the loss of classified documents

Institutions that supervise the Corruption Prevention and Combating Bureau have to determine the cause behind the loss of classified documents, as announced by Latvian President Raimonds Vejonis.

Data on students and graduates to be compiled for more effective budget planning

To help develop the State Education Information System, it is planned to expand one of its sections by creating a register for students and graduates. This is provided by amendments to the Law on Institutions of Higher Education supported by the Cabinet of Ministers.

Global trade growth slowing, WTO

The World Trade Organisation has this week released an altered forecast for the global trade growth for 2016, which, comparing to its previous forecast for the same period has been cut by over a third.

Latvia resettles 82 people as part of EU refugee programme

Today, 28 September, nine people were transported to Latvia from Greece as part of the European Union’s resettlement programme, as LETA was informed by the Office for Citizenship and Migration Affairs.

August’s construction costs declined by 0.4% in Latvia

Compared to July, the level of construction costs in Latvia dropped by 0.4% in August 2016. Prices of building materials decreased by 0.8%, maintenance and operational costs of machinery and equipment reduced by 0.1%, whereas labour remuneration of workers did not witness any significant changes.

One-third of state institutions to not have to report data on employees’ remuneration

On Tuesday, 27 September, the Latvian government accepted amendments to the Law on Remuneration of Officials and Employees of State and Self-government Authorities that relieve 233 state institutions from the duty to report information about remuneration of their employees.

Trial of two Russian 'observers' arrested at Adazi military base put off until 2017

On 27 September, Riga District Court decided to put off the viewing of the criminal case regarding the incident at Adazi military base involving two Russian citizens until 24 July 2017.

Valka expects even more alcohol buyers from Estonia next year

Because Estonia plans to raise excise tax for alcohol in January 2017, the number of alcohol buyers from the neighbouring country is expected to increase in Latvia’s border area stores, as predicted by Mayor of Valka Vents Armands Krauklis.

Study: Third of adults look into their phones at night

A study performed in the UK on addiction to smartphones found that a third of its adult population look into their devices at night, which often causes quarrels with their other halves.

Baltics and Iceland agree on strengthening mutual cooperation

Celebrating 25 years since the foundation of diplomatic relations between Iceland and Baltics, Latvian Foreign Affairs Minister Edgars Rinkevics visited Iceland’s capital city of Reykjavik on 26 September to discuss regional news and international relations with ministers from Iceland, Estonia and Lithuania.

Rimsevics: Latvia should prepare for future crises

Latvia should prepare for future crises, which will take place, said Governor of the Bank of Latvia Ilmars Rimsevics in his interview to 900 seconds programme of LNT.

Expert: average tourist in Latvia – German citizen of pension age

27 September is celebrated around the world as Tourism Day. This day marks the end of the tourism season in the northern latitudes and the beginning of the season for southern latitudes. For this event, Tourism Research Centre’s manager Eriks Lingeberzins explains the topical tourism trends and what has changed under influence of terrorism.

Former head of IMF tried for alleged credit card racket

The former head of the International Monetary Fund, Rodrigo Rato has stood before trial in Spain on September 26 over allegations that he and 64 other bankers have been involved in credit card racket at Bankia bank, which has been rescued at public expense.

Strong sides of Latvia’s start-up sector – financial and virtual technologies

Latvia’s start-up sector has attracted investments worth at least EUR 110 million, notes Chairperson of Latvian Start-up Association Yekaterina Novicka.

Unity: FM threatens to ruin single compensation system principles

Finance Ministry’s prepared amendments to the Law on Remuneration of Officials and Employees of State and Self-government Authorities that provide for refusal of keeping compensation records for state and municipal capital association officials will negatively influence the principles of the single compensation system, as noted by Unity.

EU states to look into options to improve Russia relations, leaving sanctions in place

European Union heads of state and government are to consider ways to improve relations with Russia as some member states are increasingly sceptical over official- and company-specific sanctions.

Reizniece-Ozola and Dombrovskis: Latvia should be among Eurozone’s strongest countries

«Opinions of EU member states about the future integration of the Economic and Monetary Union differ. Bu the only difference lies in views about tactics, not the strategy and commitment for future changes. A stable Eurozone is a guarantee against economic shocks,» – announced Latvian Finance minister Dana Reizniece-Ozola on Monday, 26 September.

Tallinn to develop the town centre; Vilnius and Riga – to reduce congestion

Baltic capitals have different town development strategies: Tallinn intends to focus on renovation and development of the city centre. Vilnius and Riga, however, consider realizing development projects outside of the city centre, as told on Monday, 26 September, by head architects of the three Baltic Capitals.

Experts: Russia may turn against opposition even harder

The recent State Duma elections in Russia concluded with United Russia crushing the opposition in terms of popularity. Experts interviewed by De Facto programme of LTV believe the consequences will be even worse for the opposition – stricter policy against differently-minded people and fractured society.

In pictures: Mass anti-government protest in Poland

A mass demonstration took place in Warsaw over the weekend, as thousands of people demanded Poland’s right-wing government to improve its conduct as, according to protesters, it has acted against the constitution and laws.