PrivatBank (Latvia)
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PrivatBank (Latvia)
AS PrivatBank (former Paritate Banka) is a credit institution registered in Latvia as joint stock company and received its banking license on 31 July 1992. History In 1992 AS "Paritate Banka" was officially registered in the registry of enterprises of the Republic of Latvia and obtained a license to carry out banking operations. In 1993 it obtained a license to conduct foreign exchange operations. In 1997 it obtained a Europay license. The bank becomes a full member of SWIFT. In 1998 the bank started issuing MasterCard and Maestro payment cards. In 2000 it obtained a Visa International license and began issuing Visa and Visa Electron cards. A change of shareholders took place in 2001, the largest bank in Ukraine, JSC "PrivatBank", became the main shareholder of AS "Paritate Banka". In 2002 bank was to the PrivatMoney urgent money transfer system, changed corporate style and carried out the modernization of the Internet bank (Paritate Online) was carried out. In 2007 the ba ...
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Latvia
Latvia ( or ; lv, Latvija ; ltg, Latveja; liv, Leţmō), officially the Republic of Latvia ( lv, Latvijas Republika, links=no, ltg, Latvejas Republika, links=no, liv, Leţmō Vabāmō, links=no), is a country in the Baltic region of Northern Europe. It is one of the Baltic states; and is bordered by Estonia to the north, Lithuania to the south, Russia to the east, Belarus to the southeast, and shares a maritime border with Sweden to the west. Latvia covers an area of , with a population of 1.9 million. The country has a temperate seasonal climate. Its capital and largest city is Riga. Latvians belong to the ethno-linguistic group of the Balts; and speak Latvian, one of the only two surviving Baltic languages. Russians are the most prominent minority in the country, at almost a quarter of the population. After centuries of Teutonic, Swedish, Polish-Lithuanian and Russian rule, which was mainly executed by the local Baltic German aristocracy, the independent R ...
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Concorde
The Aérospatiale/BAC Concorde () is a retired Franco-British supersonic airliner jointly developed and manufactured by Sud Aviation (later Aérospatiale) and the British Aircraft Corporation (BAC). Studies started in 1954, and France and the UK signed a treaty establishing the development project on 29 November 1962, as the programme cost was estimated at £70 million (£ in ). Construction of the six prototypes began in February 1965, and the first flight took off from Toulouse on 2 March 1969. The market was predicted for 350 aircraft, and the manufacturers received up to 100 option orders from many major airlines. On 9 October 1975, it received its French Certificate of Airworthiness, and from the UK CAA on 5 December. Concorde is a tailless aircraft design with a narrow fuselage permitting a 4-abreast seating for 92 to 128 passengers, an ogival delta wing and a droop nose for landing visibility. It is powered by four Rolls-Royce/Snecma Olympus 593 turbo ...
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Companies Based In Riga
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ...
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Banks Of Latvia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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Government Of Ukraine
The Cabinet of Ministers of Ukraine ( uk, Кабінет Міністрів України, translit=Kabinet Ministriv Ukrainy; shortened to CabMin), commonly referred to as the Government of Ukraine ( uk, Уряд України, ''Uriad Ukrainy''), is the highest body of state executive power in Ukraine. As Cabinet of Ministers of the Ukrainian SSR, it was formed on 18 April 1991, by the Law of Ukrainian SSR No.980-XII. Vitold Fokin was approved as the first Prime Minister of Ukraine. The cabinet is a collegiate body consisting of the cabinet's "presidium" composed of the Prime Minister of Ukraine and their vice prime ministers as well as other ministers who participate and vote on sessions of the cabinet. The prime minister presides over the cabinet. Some vice prime ministers may be appointed as the first vice prime ministers. Unlike the Soviet period of the government when presidium was actually a functioning institution, the current government presidium is nominal and vice ...
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Concorde Capital
Concorde Capital is a limited liability investment company based in Kyiv, Ukraine. It offers investment banking, brokerage services and asset management in Ukraine. The company was founded in 2004 by its owner and general director, Igor Mazepa. Brokerage activity 2005–08 – Concorde Capital ranks among the top five stock traders, according to the PFTS, and among the leaders on the Ukrainian securities market as a whole. 2009 – Concorde Capital becomes one of the leading participants on the Ukrainian Exchange, in which it’s a shareholder. Concorde Capital is recognized top Ukrainian broker among Emerging EMEAs, based on the results of the 2009 Thomson Reuters Extel annual survey of financial markets. 2011 – Concorde Capital achieves 18th place on the UX spot market. June 11, 2015 on the official website of Concorde Capital there was news that Concorde Private Equity is creating a company that will provide brokerage services on the forex The foreign exchang ...
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Money-laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Office ...
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Bank Of Italy
The Bank of Italy (Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's current governor is Ignazio Visco, who took the office on 1 November 2011. Functions After the charge of monetary and exchange rate policies was shifted in 1998 to the European Central Bank, within the European institutional framework, the bank implements the decisions, issues euro banknotes and withdraws and destroys worn pieces. The main function has thus become banking and financial supervision. The objective is to ensure the stability and efficiency of the system and compliance with rules and regulations; the bank pursues it through secondary legislation, controls and cooperation with governmental authorities. Following a reform in 2005, which was prompted by takeover scandals, the bank has lost exclusive antitrust authority in the credit ...
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Public Broadcasting Of Latvia
Public Broadcasting of Latvia ( lv, Latvijas sabiedriskais medijs, lit=Latvian Public Media – LSM) is a publicly funded radio and television organization operated by both of Latvia's public broadcasters – Latvian Television and Radio Latvia. LSM provides news, analysis, culture, entertainment and new experimental content, produced mainly by Latvian Television and Radio Latvia, and by the portal’s editorial personnel. The site was launched on 3 February 2013. LSM content is also available in Russian and English. News content in English was made available from 1 July 2014. A unified news portal was one of the steps planned in a much wider convergence of both public broadcasters. In 2012, Latvia’s National Electronic Media Council (NEMC) approved the concept of creating a new Latvian public service media organization. NEMC members had to decide from 3 different scenarios: * partial convergence (institutional independence, but both media to engage in joint projects); * ...
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