Latvijas Krājbanka
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Latvijas Krājbanka
Latvijas Krājbanka () was a Latvian bank listed on the Riga OMX exchange (,). Overview was originally founded in 1924 as the Latvian postal savings bank. Under the Latvian SSR, it was integrated into the Savings Bank of the USSR. Following the regained Latvian independence, it was re-formed under the name Latvijas Krājbanka. The privatisation process of the bank was initiated in 1997 and concluded in 2003. The main shareholders were Lithuanian based Snoras banking group and the Russian businessman Vladimir Antonov. In 2009, Latvijas Krājbanka had a turnover revenue of 34.6 million Latvian lats The Latvian lats (plural: ''lati'', plural genitive: ''latu'', second Latvian lats ISO 4217 currency code: LVL) was the currency of Latvia from 1922 until 1940 and from 1993 until it was replaced by the euro on 1 January 2014. A two-week trans ... with a loss of 1.9 million lats. The bank had 941 employees and 155 customer service centres in Latvia. 2009 was a year of seve ...
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Joint Stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the Perpetual succession, continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the Unite ...
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Savings Bank Of The USSR
The system of State Labor Savings Banks of the USSR (, shorthand ''Gostrudsberkassy'') was the main retail bank of the Soviet Union, which in some respects perpetuated the prior operations of savings banks or ''Sberkassy'' in the Russian Empire. Unlike in other countries, the Soviet savings banks were not autonomous entities but were fully part of the state administration. In 1987, the system was renamed the ''Savings Bank of the USSR'' (), abbreviated as ''Sberbank''. Following the dissolution of the Soviet Union, its operations were reorganized into new institutions in the post-Soviet states, such as Belarusbank in Belarus, Eesti Hoiupank in Estonia, Halyk Bank in Kazakhstan, Latvijas Krājbanka in Latvia, Lietuvõs Taũpomasis Bánkas in Lithuania, in Moldova, Sberbank in Russia, and Oschadbank in Ukraine. Background The history of savings banks in Russia goes back to Georg von Cancrin's financial reform of 1841, when a network of the first state-owned savings banks was ...
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2011 Disestablishments In Latvia
Eleven or 11 may refer to: *11 (number) * One of the years 11 BC, AD 11, 1911, 2011 Literature * ''Eleven'' (novel), a 2006 novel by British author David Llewellyn *''Eleven'', a 1970 collection of short stories by Patricia Highsmith *''Eleven'', a 2004 children's novel in The Winnie Years by Lauren Myracle *''Eleven'', a 2008 children's novel by Patricia Reilly Giff *''Eleven'', a short story by Sandra Cisneros Music *Eleven (band), an American rock band * Eleven: A Music Company, an Australian record label *Up to eleven, an idiom from popular culture, coined in the movie ''This Is Spinal Tap'' Albums * ''11'' (The Smithereens album), 1989 * ''11'' (Ua album), 1996 * ''11'' (Bryan Adams album), 2008 * ''11'' (Sault album), 2022 * ''Eleven'' (Harry Connick, Jr. album), 1992 * ''Eleven'' (22-Pistepirkko album), 1998 * ''Eleven'' (Sugarcult album), 1999 * ''Eleven'' (B'z album), 2000 * ''Eleven'' (Reamonn album), 2010 * ''Eleven'' (Martina McBride album), 2011 * ''Eleven'' (Mr Fogg ...
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1924 Establishments In Latvia
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * '' 19-Nineteen'', a 2009 South Korean film * '' Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album '' 63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the ...
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Banks Disestablished In 2011
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. As 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 ancien ...
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Banks Established In 1924
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. As 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 ...
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Companies Based In Riga
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or 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 duties according to the publicly declared incorporation pu ...
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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. As 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 ancie ...
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Lietuvõs Taũpomasis Bánkas
Hansa Group or Hansabank Group was a Baltic banking group operating in Estonia, Latvia, and Lithuania between 1992 and 2008. It started in Estonia and expanded to Latvia in 1995 then Lithuania in 1996. It was acquired by Stockholm-based FöreningsSparbanken, later Swedbank, in two stages in 1998 and 2005. Following a decision taken by the Swedbank group on 15 September 2008, the name Hansapank/Hansabanka/Hansabankas or Hansabank internationally was discontinued end of 2008 with all operations rebranded under the Swedbank name as of . The legal name of the bank changed in spring 2009.article "Hansabank’s new name will be Swedbank"
2008-09-16 in ''swedbank.lt'' (en)


History

The history of the Hansabank Group dates back to 1 July ...
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Eesti Hoiupank
Eesti Hoiupank () was an Estonian bank which operated from 1992 to 1998. Overview Hoiupank was created during the dissolution of the Soviet Union from the Estonian operations of the Savings Bank of the USSR. In September 1996, Hoiupank initiated a merger with the (ETEK), the Estonian successor entity of the Soviet Promstroybank. It was subsequently the third-largest bank in the country. Hoiupank
Hoiupank merged into (currently 's Estonian subsidiary) in 1998.


See also

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Snoras
Bankas Snoras AB or simply SNORAS (, ) was a commercial bank, founded in Lithuania operating in all three Baltic states. It was a member of the financial group Konversbank and was listed on the NASDAQ OMX Vilnius stock exchange. On November 16, 2011, 100% of the bank shares were nationalized by the Lithuanian government and the bank was placed into temporary administration. On November 24, the bank was declared bankrupt. It had 4 billion litas (€1.16 billion) in debt. History Bankas Snoras AB was founded 1992 as a regional bank of Šiauliai and renamed to its current name in 1993. It was recognised as the best bank in Lithuania in 2006 by financial publisher ''The Banker''. However, an inspection at the bank in November 2011, revealed poor asset quality, weak risk management and lack of proper operating data. The check also revealed that the bank has ignored the central bank's recommendation to reduce operating risks. Shareholders Snoras was listed on the NASDAQ OMX Vilnius ...
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Lithuania
Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, Poland to the south, and the Russian exclave, semi-exclave of Kaliningrad Oblast to the southwest, with a Maritime boundary, maritime border with Sweden to the west. Lithuania covers an area of , with a population of 2.89 million. Its capital and largest city is Vilnius; other major cities include Kaunas, Klaipėda, Šiauliai and Panevėžys. Lithuanians who are the titular nation and form the majority of the country's population, belong to the ethnolinguistic group of Balts and speak Lithuanian language, Lithuanian. For millennia, the southeastern shores of the Baltic Sea were inhabited by various Balts, Baltic tribes. In the 1230s, Lithuanian lands were united for the first time by Mindaugas, who formed the Kingdom of Lithuania on 6 July ...
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