"Closing down of Parex banka (Parex) would trigger fast withdrawing of funds from other banks, the President of the Bank of Latvia Ilmars Rimsevics points out in an interview with the magazine Klubs. Closing of Parex would also obligate the state to immediately pay out around LVL 660 million to depositors from the state guarantees fund."
Saturday, January 02, 2010
Rimsevics: Failing to bail out Parex banka would result in closing down of four banks in Latvia :: The Baltic Course | Baltic States news & analytics
Rimsevics: Failing to bail out Parex banka would result in closing down of four banks in Latvia :: The Baltic Course | Baltic States news & analytics:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.