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Ceturtdiena 02.04.2020 | Name days: Imgarde, Irmgarde

Competition Council permits AS Citadele Bank acquire influence over two businesses

On Thursday, 20 February, Competition Council made the decision to permit AS Citadele Bank acquire decisive influence over LLC UniCredit and LLC UniCredit Insurance Broker because no risks for competition were found, as reported by council representative Zane Gorškova.

Citadele Bank acquires UniCredit Leasing active in Baltic States

Citadele Bank has acquired 100% of shares in LLC UniCredit Leasing, including its Estonian and Lithuanian branch offices, thereby acquiring control over all UniCredit Leasing operations in Baltic States, BNN was told by the bank.

Economist: high rent prices in Riga contribute to emigration

The high rent prices may be the reason why in spite of low unemployment levels and shortage of labour force people from Latvia’s regions depart to foreign countries, not Riga, says Citadele Bank’s economist Mārtiņš Āboliņš.


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