Grecinieku 6, Riga, LV- 1050, Latvia
Phone: + 371 6 7000 444
Because forex markets are extremely volatile, depositors face many thorny issues. Which currency is safest to keep your savings? How to mitigate exchange rate risk inherent in foreign-currency deposits? A multicurrency deposit is one of the most effective solutions designed to significantly reduce the risk of exchange-rate movements.
According to 3Q 2011 financial results, Bank has shown a significant growth across the majority of its items (positions). Since the beginning of the year, Bank’s total assets have grown by 31 percent to reach LVL 220.9 million as at 30 September 2011 (according to the unaudited financial information).
Baltic International Bank has been once again named as the best bank in the Baltic States and CIS which provides Russia’s customers with private banking and wealth management services.
Please be advised of the following bank account details for payments denominated in Russian Rubles: the number of our correspondent account held at ОАО "Альфа-Банк" (Open JSC Alpha-Bank) has changed. Starting from 1 December 2011 (inclusive), we will use the new account number 30111810900000000214.
According to the Financial and Capital Market Commission’s Board Resolution of 21 November 2011 to suspend provision of all financial services by JSC "Latvijas Krājbanka" (Latvian Savings Bank), we hereby inform that all outgoing payments from Baltic International Bank, both domestic and international, to be credited to the Latvijas Krājbanka - based accounts will be suspended until further notice from the FCMC (Latvia’s statutory regulator for financial services).
For the third year in a row, Baltic International Bank has been supporting a conference aimed at promoting co-operation between Latvian and British businesspeople. This year the conference was held on October 26 in London.
From the October 31, 2011, our customers’ payment orders for payments in Russian Rubles (RUB) and Belarusian Rubles (BYR) should be submitted for execution within the same day before 12.00 (Latvian local time). The changes are introduced due to decision of the Russian Federation and the Republic of Belarus not to switch to winter time this year.
Baltic International Bank supported a special project „Football: A Sport Enjoyed By Millions” presented in Kyiv during Ukrainian Fashion Week on 15 October 2011.
Hosted by the Bank, a London-based business forum was arranged last week for the UK’s clients and partners.
On 12 September 2011, the Bank’s newly-composed Council started its operation. The three-member Council now comprises Valeri Belokon, Albert Reznik and Vlada Belokon.