Parex Bank was a privately owned full-service banking company with branches in Berlin, Stockholm and Tallinn, and representative offices in Tokyo, Moscow, Kiev, Baku and other cities. In the wake of the Economic crisis of 2008 Parex Bank was nationalised on November 8, 2008. The Latvian state bought 51% of the bank's stocks for symbolic 2 Lats. Parex Bank was later broken up into Citadele ("good bank") and Reverta ("bad bank").
HQ: Riga, Latvia
Founded: 1992
ID: 992. Updated: 15.11.2014
Disclaimer: The Banking Directory is published solely as a courtesy. We do not warrant or guarantee that the website will be up-to-date accurate, complete or continuous at all times. We assume no responsibility or liability for any errors or omissions in the directory. All trademarks, trade names, or logos mentioned or used are the property of their respective owners.
Invest in BanksDAILY
We create a culture of ownership using secure and fast blockchain technology. $BD is the next 100X digital asset 📈
Join NOW!
INFOXIA Directory
Submit your business or press release to the INFOXIA Web Directory! It's an easy-to-use tool that can help reach your target audience.