Reverta has repaid the Latvian state EUR 52.7 mln in H1

During the first six months of 2012, the joint-stock asset managing company Reverta (formerly Parex Banka) has done well at restructuring its loans and at selling individual demand rights, and that has allowed it to repay EUR 36.6 million to the Latvian Finance Ministry ahead of schedule – this according to the company’s latest financial results.... Read more...