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About: Latvijas Krājbanka     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.org associated with source document(s)

Type: Thingcompanyschema:BankOrCreditUnionschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatBanksyago:WikicatBanksDisestablishedIn2011yago:WikicatBanksEstablishedIn1924yago:WikicatBanksOfLatviayago:WikicatCompaniesBasedInRigayago:WikicatCompaniesEstablishedIn1924yago:WikicatCompaniesOfLatviayago:Abstraction100002137yago:Company108058098yago:DepositoryFinancialInstitution108420278yago:FinancialInstitution108054721yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntitybankorganisationyago:SocialGroup107950920 New Facet based on Instances of this Class

Latvijas Krājbanka (Nasdaq Baltic: LKB1R,Nasdaq Baltic: LKB2R) is a Latvian bank listed on the Riga OMX exchange. The bank dates back to 1924 when it was founded as the Latvian Postal Savings Bank. Operations of the savings bank continued in various forms during the Soviet period, and following the regained Latvian independence the privatisation process of the bank was initiated 1997 and concluded 2003. In November 2011, the bank was taken over by the Latvian government and will be liquidated due to bankruptcy of Snoras. Antonov was accused of fraud and misappropriation of US$290 million.