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SEB Banka
SEB banka (formerly ''Latvijas Unibanka'', then ''SEB Latvijas Unibanka'') is one of the largest banks in Latvia and a part of the Swedish SEB Group. Nowadays, its main rivals in the Latvian banking market are Swedbank, Luminor and Citadele banka, Citadele bank. SEB banka has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. History The bank was first founded on 29 September 1993 as ''Akciju sabiedrība, AS Latvijas Universālā banka'' ('Universal Bank of Latvia') by combining 21 of the non-privatized branches of the Bank of Latvia after its reorganization. In 1994 it was handed over to the Privatization Agency of Latvia, but in 1995 it was registered as a private joint-stock company (half of the shares belonged to private capital, half - to the Latvian state), and on 12 December 1995 changed its name to ''Latvijas Unibanka''. In 1996, ...
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SEB Group
Skandinaviska Enskilda Banken AB (; lit. "Scandinavian Private Bank"), abbreviated SEB, is a Swedish bank headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, Germany, and the United Kingdom, the bank's operations are focused on corporate and investment banking services to corporate and institutional clients. The bank was founded in 1972 by the Swedish people, Swedish Wallenberg family, which is still SEB's largest shareholder through major investment company Investor AB. SEB is the largest Swedish bank by both market capitalisation and total assets. The SEB Group traces its origins to the Stockholms Enskilda Bank and Skandinaviska Banken, established in 1856 and 1864 respectively. Both banks played an important role in Scandinavia's industrialisation throughout the late nineteenth and early twentieth centuries, especially in Sweden. After a period of strong growth throughout the twentieth ...
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Vecrīga
Vecrīga ("Old Riga") is the historical center and a neighbourhood (as Vecpilsēta) of Riga, Latvia, located in the Central District on the east side of Daugava River. Vecrīga is famous for its old churches and cathedrals, such as Riga Cathedral, St. James's Cathedral and St. Peter's Church. History Vecrīga is the original area of Riga and consists of the historic city limits before the city was greatly expanded in the late 19th century. Vecrīga was once protected by a surrounding wall, except the side adjacent to the Daugava river bank. When the wall was demolished, the waters from Daugava were diverted into area of the former wall, creating Riga City Canal. Heritage In the early 1990s, Vecrīga's streets were closed to traffic and only residents of the area and the local delivery vehicles were allowed within Vecrīga's limits with special permits. Vecrīga is part of a UNESCO World Heritage Site listed as "Historic Centre of Riga", which also includes most of the ...
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Banks Of Latvia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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Sweden
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic country by both area and population, and is the List of European countries by area, fifth-largest country in Europe. Its capital and largest city is Stockholm. Sweden has a population of 10.6 million, and a low population density of ; 88% of Swedes reside in urban areas. They are mostly in the central and southern half of the country. Sweden's urban areas together cover 1.5% of its land area. Sweden has a diverse Climate of Sweden, climate owing to the length of the country, which ranges from 55th parallel north, 55°N to 69th parallel north, 69°N. Sweden has been inhabited since Prehistoric Sweden, prehistoric times around 12,000 BC. The inhabitants emerged as the Geats () and Swedes (tribe), Swedes (), who formed part of the sea-faring peopl ...
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Skandinaviska Enskilda Banken
Skandinaviska Enskilda Banken AB (; lit. "Scandinavian Private Bank"), abbreviated SEB, is a Swedish bank headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, Germany, and the United Kingdom, the bank's operations are focused on corporate and investment banking services to corporate and institutional clients. The bank was founded in 1972 by the Swedish Wallenberg family, which is still SEB's largest shareholder through major investment company Investor AB. SEB is the largest Swedish bank by both market capitalisation and total assets. The SEB Group traces its origins to the Stockholms Enskilda Bank and Skandinaviska Banken, established in 1856 and 1864 respectively. Both banks played an important role in Scandinavia's industrialisation throughout the late nineteenth and early twentieth centuries, especially in Sweden. After a period of strong growth throughout the twentieth century, Stoc ...
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Lithuania
Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, Poland to the south, and the Russian exclave, semi-exclave of Kaliningrad Oblast to the southwest, with a Maritime boundary, maritime border with Sweden to the west. Lithuania covers an area of , with a population of 2.89 million. Its capital and largest city is Vilnius; other major cities include Kaunas, Klaipėda, Šiauliai and Panevėžys. Lithuanians who are the titular nation and form the majority of the country's population, belong to the ethnolinguistic group of Balts and speak Lithuanian language, Lithuanian. For millennia, the southeastern shores of the Baltic Sea were inhabited by various Balts, Baltic tribes. In the 1230s, Lithuanian lands were united for the first time by Mindaugas, who formed the Kingdom of Lithuania on 6 July ...
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Vilniaus Bankas
AB SEB Bankas is a commercial bank in Lithuania. It is the Lithuanian subsidiary of one of the largest Sweden, Swedish banks, the SEB Group. History It was registered as a public company in the Enterprise Register of the Republic of Lithuania on 29 November 1990 as ''Spaudos bankas'', which was soon renamed as ''AB Vilniaus bankas''. Vilniaus bankas introduced the first Visa Inc., Visa credit card to Lithuania in 1993 and launched the first Automated teller machine, ATM machines in Lithuania in 1995. Vilniaus bankas signed a strategic cooperation agreement with SEB Group of Sweden in 1998 and fully rebranded itself after said Swedish parent company in 2008. AB SEB bankas has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. Related companies There are AB SEB bankas and other SEB group companies operating in Lithuania, namely: * UA ...
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Estonia
Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,300 other islands and islets on the east coast of the Baltic Sea. Its capital Tallinn and Tartu are the two largest List of cities and towns in Estonia, urban areas. The Estonian language is the official language and the first language of the Estonians, majority of its population of nearly 1.4 million. Estonia is one of the least populous members of the European Union and NATO. Present-day Estonia has been inhabited since at least 9,000 BC. The Ancient Estonia#Early Middle Ages, medieval indigenous population of Estonia was one of the last pagan civilisations in Europe to adopt Christianity following the Northern Crusades in the ...
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SEB Pank
SEB Pank is an Estonian bank, owned by the Swedish bank SEB. SEB is the second largest bank in Estonia and is a member of the international SEB Group. Until 11 April 2005 the name of the bank was Eesti Ühispank, which was originally founded in 1992 from a merger of 10 smaller banks. On 7 March 2008, the bank changed its name to SEB Pank. SEB is a universal bank focused on the Estonian market, offering full financial services to large, small and medium-sized companies, the public sector and private individuals. As of the end of 2004 SEB Eesti Ühispank had 629,000 customers, from which 580,000 were private individuals and 49,000 legal persons. The number of Internet banking customers in 2005 exceeded the milestone of 340,000. At the end of 2003, SEB Eesti Ühispank had 1,328 employees. SEB Pank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Cen ...
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University Of Latvia
University of Latvia (, shortened ''LU'') is a public research university located in Riga, Latvia. The university was established in 1919. History The University of Latvia, initially named as the Higher School of Latvia () was founded on September 28, 1919, on the basis of the former Riga Polytechnic (founded in 1862). The first rector of the university was chemist Paul Walden. In 1923, the school received its current name with the approval of its constitution, the University of Latvia (Universitas Latviensis). In the period between 1919 and 1940, the University of Latvia was the main centre of higher education, science and culture in the Republic of Latvia. The former building of the Riga Polytechnic on Raiņa bulvāris 19 serves as the university's main building. In the pre-WWII years, it was possible to gain higher academic education not only at the University of Latvia but also at the Latvian State Conservatory and Academy of Arts. With the beginning of the Soviet o ...
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University Of Latvia Foundation
A university () is an institution of tertiary education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase , which roughly means "community of teachers and scholars". Universities typically offer both undergraduate and postgraduate programs. The first universities in Europe were established by Catholic monks. The University of Bologna (), Italy, which was founded in 1088, is the first university in the sense of: *being a high degree-awarding institute. *using the word (which was coined at its foundation). *having independence from the ecclesiastic schools and issuing secular as well as non-secular degrees (with teaching conducted by both clergy and non-clergy): grammar, rhetoric, logic, theology, canon law and notarial law.Hunt Janin: "The university in medieval life, 1179–1499", McFarland, 2008, , p. 55f.de Ridder-Symoens, Hilde''A History of the University in Europe: Volume 1, Universities in the Middl ...
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