Last update: 22.11.2024 19:05 (GMT+2)

JSC "Latvijas Investiciju banka" biggest shareholder MeritaNordbanken Group has acquired 20 % of LIB

09.03.1999, , RIG

JSC "Latvijas Investiciju banka"(LIB) biggest shareholder
MeritaNordbanken Group has acquired 20 % of LIB shares from Nordic
Investment Bank (NIB), therefore increasing their share in the capital
of LIB up to 89 %. MeritaNordbanken Group will continue to strengthen
their presence in the Latvian financial market.
Transaction took place in conformity with previous agreement between
shareholders of LIB that NIB will sell their package of LIB shares
after MeritaNordbanken Group will formulate their goals and strategy in
Latvia and have started to implement it.

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