Category Archives: Financial

Posts pertaining to or related to finance from ABLV Bank.

Roller-coaster trend of Latvia’s exports in 2016

Roller-coaster trend of Latvia’s exports in 2016

The trade turnover of Latvia increased by 10.8 percent m-o-m in the beginning of this year, as it was stated by the published inform of the Central Statistical Bureau of Latvia (CSB). Simultaneously, it has contracted in a rate of 3.3 percent y-o-y. And what about the rates of the trade in goods? The annual… Continue Reading

Latvia on the successful path of export growth.

Latvia on the successful path of export growth.

The structure of Latvian economy has changed significantly after the financial crisis of the late 2000s. It has become more balanced and the reason of this has its roots in the shift of local consumption to exportations. One of the most interesting things about the economy of this Baltic country is the economic growth it… Continue Reading

7 of the Points to Note as Latvia Avoids Damage from Russian Ban

7 of the Points to Note as Latvia Avoids Damage from Russian Ban

In March 2014, the United States and the European Union instituted sanctions against Russia for its annexation of Crimea from Ukraine. These ongoing sanctions have taken the form of tightening strictures on Russian financial institutions, large companies, and top-level officials. As the year progressed, Western countries promulgated additional sanctions against Russia. Over the course of… Continue Reading

Amazing businesses in Latvia that are changing the world

Amazing businesses in Latvia that are changing the world

The economy of Latvia is recognized nowadays as a very interesting one. It has bloomed in the last decade, despite different moments of crisis and hard times related to international markets such as the Russian, which is one of its main export destinations, and the general situation in the Baltic region, which heavily depends on… Continue Reading

6 tips to be the best import and export business

6 tips to be the best import and export business

How does a department of imports and exports work? What areas should I reinforce in my company? What financial support can get for delving into an external adventure? Here are a few useful tips to successfully carry out your import and export strategy. Whether you are thinking about turning your company into an importing or… Continue Reading

Everything you need to know about traveling to work in Latvia

Everything you need to know about traveling to work in Latvia

Latvia’s location on the Baltic, along with the constant growth in imports and exports, has increased the interest of many to travel to Latvia on business. Traveling to Latvia, the traditional trading spot of Europe, is an experience that besides being lucrative for certain businesses becomes an immersion in its rich and historical culture, architecture… Continue Reading

All you need to know about Export Finance

All you need to know about Export Finance

For every country it is really important to promote exporting, without exception. This is why every country should have programs designed to help exports, this way they will promote both exporting and those companies involved in exporting. Exporting plays an important part in every country and explaining why is not really necessary, many powerful economies… Continue Reading