-
Recent posts
- Elimination of the reserve capital requirement for private limited companies – a good opportunity for distributing dividends
- Our Competition Law Online Training Programme now available in 12 languages
- Form of company transfer
- Option of raising capital from a pension fund
- Guarantor’s right to indemnity
Archive
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- June 2008
- April 2008
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- January 2007
© Borenius 2011 » Sitemap
LMHB advises LHV Bank on entering the Finnish market
The fast growing Estonian bank LHV now offers cross-border banking and savings services to Finnish clients in addition to Latvian and Lithuanian customers. Professionals of Luiga Mody Hääl Borenius’ banking and finance, capital markets competence group advised LHV on its expansion to the Finnish banking market.
Partner Priit Pahapill and junior associate Indrek Minka advised LHV on the purchase of loan portfolio owned by Finnish consumer credit firm Luottotalo Fenno which enabled LHV to gain a position in the market. The transaction resulted in takeover of the loan agreements of 12,500 borrowers totalling 13.6 mio EUR. LHV also now manages the staff of Fenno and the office situated in Helsinki.
More information about the transaction:
partner Priit Pahapill
(priit.pahapill@borenius.ee)