The Baltic Business conference will take place at a time when Latvia
will be in the focus of the world-wide attention. Thanks to the EBRD meeting, Latvia will
have an excellent opportunity to demonstrate how up to date this country is in its way of
thinking and developing projects. This is why we did not have the slightest doubt that we
have to be present in this important event” – says Zenon Olbrys, President of the
Baltic Transit Bank. He is one of the financial services session speakers at the Baltic
Business Conference. One of the issues to be discussed in this session is the
compatibility of the Baltic banking sector.
“It is important to discuss the development and opportunities of the
Baltic region banks in this financial session. One of the most outstanding current
problems in the banking sector is the future perspective, especially as concerns smaller
banks – should they continue to increase equity or merge with large banks. We are also
going to discuss continuously growing competition in the financial market,” points out
Zenon Olbrys. He believes that the investment climate in Latvia is improving - slowly but
definitely, which is a positive factor in the attraction of foreign capital. “From
meetings with foreign investors, especially investors from the US and Germany, I have made
an inference that they have interest in Latvia as a country with ample investment project
potential.
