Printer Friendly

Svenska Handelsbanken interested in participating in privatisation of Latvian bank - report.

NORDIC BUSINESS REPORT-13 June 2006-Svenska Handelsbanken interested in participating in privatisation of Latvian bank - report(C)1994-2006 M2 COMMUNICATIONS LTD

The Swedish bank group Svenska Handelsbanken has reportedly contacted the Latvian state about the possibilities to participate in a possible privatisation of the bank Hipoteku Banka.

According to a spokesman for Handelsbanken, quoted by the Swedish news agency Direkt, the bank contacted the Latvian state as part of its continuing efforts to identify potential acquisition targets.

Hipoteku Banka operates some 40 branch offices in Latvia.

((Comments on this story may be sent to

COPYRIGHT 2006 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Hipoteku Banka
Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EUSW
Date:Jun 13, 2006
Previous Article:SWECO carries out feasibility study for Swedish transmission system operator.
Next Article:Sibbhultsverken AB takes over Scania operations in Sibbhult.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |