BlueOrange and other local capital banks state their readiness to increase lending volumes to entrepreneurs.
October 09, 2019
On October 9, a media breakfast organised by the Committee for Strategic Development of the Finance Latvia Association was held on the topic of the role of local capital banks in the financial market and their contribution to the state economy.
The media breakfast was attended by the member of the Council of the Finance Latvia Association, Chairman of the Board of BlueOrange Bank Dmitrijs Latisevs, Co-Chairman of the Committee for Strategic Development of the Finance Latvia Association, Chairman of the Board of Baltic International Bank Viktors Bolbats and Chairman of the Board of Signet Bank Roberts Idelsons.
During the event, the member of the Council of Finance Latvia Association, the chairman of the Board of BlueOrange Bank Dmitrijs Latisevs emphasised that the transformation of local capital banks is believed to have occurred.
“Local capital banks have introduced significant changes in their businesses in a very short time-frame, having realised cardinal changes with clearly defined new business goals. Each bank has found its niche in the financial market, and the banks have clearly demonstrated their ability to successfully cater both businessmen and individuals from Latvia and European countries. Local banks create healthy competition in the market, which is beneficial to entrepreneurs,” noted D. Latisevs.