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Riga's territory covers 307.17 km 2 (118.60 sq mi) and lies 1–10 m (3–33 ft) above sea level [12] on a flat and sandy plain. [12] Riga was founded in 1201, and is a former Hanseatic League member. Riga's historical centre is a UNESCO World Heritage Site, noted for its Art Nouveau/Jugendstil architecture and 19th century wooden architecture ...
The Bank of Latvia's status as the central bank of the country and the issue bank was definitively consolidated by the laws of the Republic of Latvia "On Banks" and "On the Bank of Latvia" adopted on 19 May 1992. For the first time in Latvia, the independence of the national central bank from the government policy was ensured through legislation.
In 2001, Hansabank acquired a 90.73 percent stake in the previously state-owned Lithuanian Savings Bank (Lithuanian: Lietuvõs Taũpomasis Bánkas, LTB) that had been formed in 1990 from the Lithuanian operations of the Savings Bank of the USSR and converted into a joint-stock company in 1992. At the time, LTB was Lithuania's largest banks by ...
Parex Bank was a Latvian bank founded in 1992 by Valērijs Kargins and Viktors Krasovickis [lt; lv] as a privately owned full-service banking company in Riga, Latvia that was very dominant in currency exchange in the 1990s.
Riga became the capital of Swedish Livonia and the largest city in the entire Swedish Empire. [36] Fighting continued sporadically between Sweden and Poland until the Truce of Altmark in 1629. [ 37 ] [ 38 ] In Latvia, the Swedish period is generally remembered as positive; serfdom was eased, a network of schools was established for the ...
The capital of Latvia, Riga, is situated in the southwestern part of the region. Literally meaning "the Middle Land", it is situated in north-central Latvia north of the Daugava River . Sometimes in German , it was also known as Livland , the German form from Latin Livonia , though it comprises only a small part of Medieval Livonia and about ...
In February 2001, Unibanka stopped listing its shares in the Riga Stock Exchange. SEB became the only shareholder in 2004, and on 11 April 2005, it was renamed to SEB Unibanka, and on 7 April 2008 to SEB banka. [5] Until 2008, the bank's branches were named with a 'Uni-' prefix (e.g. Unilīzings for leasing) and its logo was a stylized Möbius ...
Riga was dominated first by Germans, later by Sweden and then by Russian Empire until Latvia, with Riga as its capital city, thus declared its independence on 18 November 1918. After World War II Latvia was incorporated in to Soviet Union, however it restored its independence in early 1990s. In 2001, Riga celebrated its 800th anniversary as a city.