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Latvian bank Aizkraukles repays syndicated loan
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Forbes.com
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July 02, 2009
RIGA, July 2 (Reuters) - Latvian privately-owned bank Aizkraukles Bank said on Thursday it had repaid a 364-day 85 million euro ($119.9 million) sydnicated loan. Latvia last year had to take over its second-largest bank, Parex, after it had a run on deposits and could not repay syndicated loans. The...
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