You're reading: RFE/RL: Latvian bank to be dissolved amid charges of illicit deals in Russia, Ukraine, Azerbaijan

RFE/RL: Latvian bank to be dissolved amid charges of illicit deals in Russia, Ukraine, Azerbaijan

By Radio Free Europe/Radio Liberty.
View of Riga from top of St. Peters church May 11, 2006.
Photo by AFP

The European Central Bank (ECB) has determined that Latvia’s ABLV Bank is on the verge of failing and will be closed down under the Baltic country’s law.

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