JSC Balta and JSC Latva have signed a cooperation agreement with one of

the  leading Swedish insurance companies Skandia Life Insurance Company

Ltd.

This  agreement  concerns  the  life,  health  insurance  and insurance

against  accidents  as  well  as  cooperation  in  the  development  of

insurance  products,  marketing  and asset management activities. These

three  companies  have also showed intentions for increased cooperation

in the future.