The collapse of another Latvian bank, PNB Banka, has a negative impact on the whole Baltic banking sector as investors often view this region as a whole, says the head of the association "For Fair Banking".
PNB Banka EN
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Latvia continues to clean up its banking sector, the head of the Lithuanian Banks' Association (LBA) said on Friday after the neighboring country announced the closure of another commercial bank, PNB Banka.
