Latvian banks face tighter scrutiny and some may merge

The closure of a large commercial bank and allegations against the central bank governor have rocked the banking system

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In this article

  • "Illicit activity" at ABLV Bank
  • Allegations against governor
  • Policy response
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.