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Unibank and the Latvian Banking System: Lending Policies and Problem Loans

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  • G. Gondelman

Abstract

This paper discusses the transformation of the Soviet state banking system into the Bank of Latvia and its further restructuring, which led to the formation of the Latvian state joint-stock commercial bank Latvian Unibank. It is argued that its foundation and development was complicated by problems of non- performing loans.

Suggested Citation

  • G. Gondelman, 1997. "Unibank and the Latvian Banking System: Lending Policies and Problem Loans," CERT Discussion Papers 9703, Centre for Economic Reform and Transformation, Heriot Watt University.
    • Handle: RePEc:hwe:certdp:9703
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    File URL: http://www2.hw.ac.uk/sml/downloads/cert/wpa/1997/dp9703.pdf
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