Latvia invest 99 million lats in CITADELE BANKA
As you know, in March 2010 Latvian government decided to allocate the assets of Parex banka in the creation of a new bank. On June 30 Citadeles bank was introduced in the commercial register.On July 28 fiscal committee of the Saeima supported the allocation of 99 million lats from the state contribution in the bank's core capital Citadele banka, according to information that is available to the agency LETA.
Total capital of Citadele banka will be 103 million lats. The bank was established with capital stock 4,000,000 lats.
Publication date: 03.08.2010
