ESTONIA MOVES TO SHORE UP TROUBLED BANK.
Publication: Monitor Volume: 1 Issue: 60
The Estonian governmenthas approved plans to provide another tranche of capital for theNorth Estonian Bank, BNS reported July 25. The bank has lost $3.5million so far this year, and the government already had providedit with additional funds and claimed a 42 percent ownership share.Other Estonian banks are doing better: the Estonian Hansapankreported profits of $4 million for the first half of 1995.
Latvian Gold and Cash Reserves Fall.