From 24 April to 28 April, the Latvian central bank, Latvijas Banka (LB), is hosting a training session during which U.S. experts "will educate the representatives of Latvia's financial supervisory and law enforcement authorities on a risk-based supervision of the Latvian capital market," according to a release from LB.
Every year, Latvian residents lose several million coins of one and two cents. They are dropped on the streets and lying around in drawers and pockets, and sucked up in vacuum cleaners. For this reason, the Latvian central bank (Bank of Latvia) intends to reduce the circulation of these nominals, Latvian Radio reported April 5.
Most of the clients of the liquidated ABLV Bank have received the guaranteed remuneration, but several thousand have not applied for it, Latvian Television reported on January 26. The bank's liquidation process began about five years ago. Five years is the deadline within which customers of any bank in liquidation can apply for guaranteed reimbursements of up to €100 thousand.
Baltic International Bank, whose operations have been suspended in accordance with a decision of the Financial and Capital Market Commission (FKTK), has about 1,580 clients with deposits with the bank, of which about 700 are Latvian residents, the commission's chairwoman Santa Purgaile said at a press conference on Tuesday.