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  • Pohjola Bank plc – a central part of the leading Finnish financial services group OP-Pohjola Group – is opening a branch for corporate customers in Riga | Pohjola Bank
    the capital of Estonia Now Pohjola will also start to operate in Latvia In Lithuania we offer leasing products and are planning to open a branch for corporate banking customers in the future says M Silvennoinen About Pohjola Bank plc Pohjola Bank plc is the most significant subsidiary of Finland s largest financial services group OP Pohjola Group Pohjola serves corporate customers by providing an extensive range of financial investment cash management and non life insurance services It offers non life insurance and private banking services to private customers Pohjola Series A shares have been listed on the Large Cap List of the NASDAQ OMX Helsinki since 1989 The number of shareholders totals around 34 000 Pohjola s consolidated earnings before tax came to 258 million euros in 2011 and the balance sheet total amounted to 41 billion euros on 31 December 2011 In 2012 Global Finance a high profile financial magazine ranked Pohjola Bank plc 33 th out of the 50 most secure banks Moody s and Standard and Poor s two largest rating agencies in the world have affirmed double A level rating for Pohjola Pohjola ranks among the few European banks with double A ratings About OP Pohjola Group According to the statistics at the end of 2011 OP Pohjola Group is the largest provider of financial services in Finland and the market leader according to the amount of the issued loans In Finland OP Pohjola Group is the leader in the allocation of deposits With a staff of over 13 000 OP Pohjola Group posted earnings before tax of 518 million euros in 2011 and had total assets of 92 billion euros on 31 December 2011 OP Pohjola Group has over four million customers The European Banking Authority EBA European Systemic Risk Board ESRB the European

    Original URL path: https://www.pohjola.lv/en/pohjola-bank-plc-%E2%80%93-a-central-part-of-the-leading-finnish-financial-services-group-op-pohjola-group-%E2%80%93-is-opening-a-branch-for-corporate-customers-in-riga (2016-02-18)
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  • Leasing | Pohjola Bank
    Kesko Group Since then Pohjola Finance Ltd has grown to be a comprehensive bank leasing company offering leasing and other financial services to institutional customers in various branches It finances the purchase of movable assets and offers tailored financing services for specific sectors Pohjola Finance Ltd has established close relationships with key sellers of machinery equipment and vehicles facilitating paperwork and enabling convenient access to financing for customers We offer

    Original URL path: https://www.pohjola.lv/en/leasing?font=1 (2016-02-18)
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  • Pohjola Group | Pohjola Bank
    profitability and an increase in company value Pohjola Group is committed to strong capitalisation and a shareholderfriendly dividend policy Pohjola Group operates through the following three business segments Within Banking Pohjola operates as a corporate bank for large and mid size companies At the end of 2009 the company s market share in corporate lending stood at 19 7 i e Pohjola ranks second among corporate lenders in Finland The Group provides its domestic customers with a diverse range of financial investment and payment transfer solutions also at international level and foreign customers with banking services for business needs in Finland and neighbouring regions Pohjola aims at market leadership as a bank for large corporate customers and together with OP Pohjola Group member banks as a bank for SMEs Within Non life Insurance Pohjola provides private customers and corporate and institutional customers with a diverse range of insurance solutions Pohjola holds the leading position as a corporate and public sector insurer Pohjola also leads the market in terms of premiums written Pohjola aims to continue to strengthen its market share eg through comprehensive customer relationships and intense cooperation with OP Pohjola Group member banks Asset Management provides asset management services

    Original URL path: https://www.pohjola.lv/en/pohjola-group?font=1 (2016-02-18)
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  • OP Financial Group which operates in Latvia and includes Pohjola Bank recognised by Bloomberg Markets as the strongest financial group in Europe | Pohjola Bank
    good sign to our current and potential customers that the bank s operation has been good and well thought out and that it has extensive opportunities for the future comments Elmārs Prikšāns manager of the Pohjola Bank Latvian branch on the successful performance Bloomberg Markets evaluated banks by such criteria as capital adequacy volume of nonperforming assets reserves for loan losses to nonperforming assets efficiency and ratio of deposits to funding The evaluation is based on figures recorded at the end of the previous financial year on 31 December 2014 The magazine evaluated 114 banks which as of 1 June 2015 had assets of at least USD 100 billion and which had openly demonstrated their business transparency by providing information to experts themselves It is worthy of mention that the majority of the 114 banks are state owned with only 13 including Pohjola Bank being privately owned OP Financial Group s assets as of 1 June 2015 were USD 133 6 billion The competition in the Bloombergs Markets ranking increases with each year Last year only 97 banks with assets over USD 100 billion were evaluated Looking at the list of the world s largest most valuable and stable banks

    Original URL path: https://www.pohjola.lv/en/op-financial-group-which-operates-in-latvia-and-includes-pohjola-bank-recognised-by-bloomberg-markets-as-the-strongest-financial-group-in-europe?font=1 (2016-02-18)
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  • Pohjola Bank signs a loan agreement for EUR 9.6 million with Riga Technical University | Pohjola Bank
    professor Tālis Juhna Publicity photo Riga Technical University RTU has entered into an agreement with Pohjola Bank plc Latvian Branch regarding a loan of EUR 9 6 million for the implementation of the RTU a city in the city project development of the joint area complex of RTU in Kipsala During the implementation of the RTU a city in the city project the most advanced engineering study centre the students city will be established in the Baltic region which will consist of RTU faculties an administrative building and Scientific Library The aim of the project is to ensure the more efficient improvement of the quality of RTU study programmes Premises and equipment will be upgraded during the project so providing an opportunity for disabled persons to attend RTU educational programmes Elmārs Prikšāns the Head of Pohjola Bank plc Latvian Branch emphasizes that the new loan agreement is a continuation of good cooperation Pohjola Bank has also granted funding to RTU in previous years this being the second loan provided by the bank to RTU We are especially pleased for the opportunity to provide support with our funding investments in higher education as from the long term perspective it can create

    Original URL path: https://www.pohjola.lv/en/pohjola-bank-signs-a-loan-agreement-for-eur-96-million-with-riga-technical-university-?font=1 (2016-02-18)
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  • The first building of Academic Centre of Natural Sciences of the University of Latvia is open | Pohjola Bank
    to date in Latvia the newly built Academic Centre for Natural Sciences of the University of Latvia has been opened where around 1500 students are going to study from the faculties of Biology Geography and Earth Science Chemistry Medicine as well as the Department of Optometry and Vision Science department of the Faculty of Physics and Mathematics In the building there are located Institute of Microbiology and Biotechnology and Institute of Chemical Physics as well the laboratories of six research centres of national significance In construction of the building innovative and sustainable solutions have been used on the top floor there are situated research greenhouses a conference hall facing Old Riga and National Library of Latvia On the roof it is planned to install wind generators and solar panels to be able to use the alternative energy but all system of the building being run by smart home technologies Academic Centre for Natural Sciences of the University of Latvia is one of the most progressive centres of higher education and research in Europe its construction has cost 35 million euro The major part of the financing came from the European Funds In July 2014 Pohjola Bank plc Branch in Latvia

    Original URL path: https://www.pohjola.lv/en/the-first-building-of-academic-centre-of-natural-sciences-of-the-university-of-latvia-is-open?font=1 (2016-02-18)
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  • The ambitious Riga Free Port infrastructure project in Krievu sala has been implemented by also using funding from Pohjola Bank | Pohjola Bank
    Construction of the object lasted for three and a half years and its implementation cost EUR 133 65 million Most of the expenses were covered from the European Union EU Cohesion Fund while the other funds were borrowed by the project implementers from the banks Pohjola Bank lent almost EUR 30 million for the implementation of this project Four bulk cargo handling berths have been built in Krievu sala Their total length is 1 180 metres Quay depth is 15 5 metres All the required road and railway access as well as engineering communications to the port territory have been built in the object The total capacity of the Krievu sala project is 20 million tonnes of bulk cargo per annum It relates to coal rubble scrap metal and granite products as well as other types of cargo The purpose of construction of the infrastructure object in Krievu sala is to ensure the maintaining of competitiveness of Riga Port in the Baltic Sea region and its improvement as well as to prevent environmental degradation in the territories of Andrejsala and Eksportosta caused by the operation of the port It is planned that as soon as possible approximately 35 of the

    Original URL path: https://www.pohjola.lv/en/the-ambitious-riga-free-port-infrastructure-project-in-krievu-sala-has-been-implemented-by-also-using-funding-from-pohjola-bank?font=1 (2016-02-18)
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  • Leasing – a simple solution for farmers! | Pohjola Bank
    Rural Support Service RSS shall pay public financing to a farmer for his her expenses once a quarter the leasing payments for three months The project supervision 5 years shall start after payment of the leasing and acquisition of the agricultural machinery by the farmer Detailed information about project administration is available in this scheme It should be noted that along with the amendments to the Regulation financial leasing has become less attractive for the implementation of EAFRD investment projects now farmers may only receive co financing of the RSS gradually in parts instead of the whole amount Therefore in order to attract co financing of the RSS immediately after the machinery Pohjola Finance offers a leasing solution for the acquisition of all types of new agricultural machinery Pohjola Finance has been offering this solution to clients since 2008 already by gaining great experience in the provision of the service Our leasing solution By purchasing machinery and obtaining property rights to it a client registers a commercial pledge to the acquired machinery in favour of Pohjola Finance After registration of the pledge Pohjola Finance shall grant a loan to the client for the payment due to the seller of the

    Original URL path: https://www.pohjola.lv/en/leasing-%E2%80%93-a-simple-solution-for-farmers?font=1 (2016-02-18)
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archive-lv.com, 2016-12-09