Opinion on Retail Banking and Lending in Latvia

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Expert View
Expert View

Nordea: predicts export-driven growth in Baltics

Nordea's has forecast an export-driven economic recovery for the three Baltic states. This prediction will be received optimistically by all the Scandinavian banks who remain heavily exposed to the region, which was one of the worst-hit areas of the recession in Europe. Given their significant loan books in the Baltics, the prospect of a recovery is particularly good news for SEB and Swedbank.

Published By Datamonitor
01 Sep 2010

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