Risk deals unrestricted in Latvia

LATVIA - The Latvian Finance and Capital Market Commission on 28 September lifted previous restrictions on Latvian bank's risk deals with residents of Estonia and Lithuania, reported the commission.After the Russian financial crisis in 1998, in a protective move the Bank of Latvia set restrictions on risk deals with B zone countries (including Estonia and Lithuania, not Latvia), meaning that the residents of these countries may not hold over 25 percent of a credit institutions equities, while