Global Trade Alert
Global Trade Alert

Latvia: Guarantee scheme for banks

Announcement

16 Dec 2008

In December 2008, the government of Latvia announced a change in private-sector financial support.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2009

Revocation date:

01 Jan 2011

Updated: 16 Dec 2008
Loan guarantee

Latvia submitted a notification on a guarantee scheme and provisions concerning takeover of banks by the state for banks incorporated in Latvia on 16 December 2008 - State aid N 638/2008 .

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