Bloomberg News

Swedbank Acquires Allied Irish’s Latvian Mortgage Portfolio

February 27, 2012

Swedbank AB (SWEDA), the biggest bank in the Baltic states, acquired Allied Irish (ALBK) Bank’s mortgage portfolio in Latvia for an undisclosed sum, Swedbank said in an e-mailed statement today.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Alan Crosby at acrosby1@bloomberg.net


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