BELARUS NEWS AND ANALYSIS

DATE:

12/05/2010

Parex starts selling off the pieces

RIGA - Rietumu bank and Parex bank have concluded an agreement on the sale of Parex bank's subsidiary company Parex Leasing in Belarus, reports the business portal Nozare.lv. The Financial and Capital Market Commission of Latvia has already approved the transaction. In line with the agreement, the details of the transaction have not been disclosed. "The acquisition of Parex Leasing, which is a part of our long-term strategy pursuing the expansion of Rietumu business activities, ...

Source:

http://www.baltictimes.com/news/articles/25941/


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