Global Trade Alert
Global Trade Alert

Latvia: Financial support measures to JSC Parex Banka

Announcement

10 Nov 2008

In November 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

21 Nov 2008

Revocation date:

20 Dec 2014

Updated: 10 Nov 2008
Capital injection and equity stakes (including bailouts)

The Latvian authorities notified public support measures to the Commission on 10 November 2008.
 
JSC Parex Banka (hereinafter "Parex") is a financial institution based in Riga, Latv...

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