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Swedbank to unite Baltic branches under a new holding company in Latvia
Swedbank to unite Baltic branches under a new holding company in Latvia 25 Swedbank in Lithuania. / J. Stacevičiaus/LRT nuotr. Swedbank Group has decided to form a new holding company in Latvia to unite its branches in the Baltic states, according to Swedbank’s press release quoted by the Baltic News Network. WIth this move, the bank plans to adapt its strategy more flexibly in accordance with Latvia’s market and monitoring requirements. Recently, Swedbank’s branches in Estonia and Latvia have been involved in high-scale corruption scandals. The US authorities are currently investigati...
Source: lrt.lt