Citadele Bank

Citadele Bank to Hold 8th International Business Contact Forum

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The Citadele Bank will be holding its 8th International Business Contact Forum on Friday, October 19, at the conference hall of the bank’s headquarters. The topic for the conference: “Is a New Nordic Alliance in Europe Possible? Challenging Export Markets and New Business Ideas.” The forum is being organised by the International Forum Consortium in partnership with Citadele, the Rīga Business Association, and the business magazine Kapitāls.

The head of the Citadele Bank’s Corporate Services Directorate, Agnese Paegle: “This international forum will include presentations about how to expand business operations in the Baltic States. There is no question but that the financial and economic crisis in the euro zone and the rest of the world has had an effect on business development and operations in international markets, but there are still many unutilised opportunities to form partnerships at the global level.”

“The aim of the forum is to hear different views about the development of various European countries, as well as opportunities for co-operation among them,” says the chairman of the International Forum Consortium, Tālivaldis Kreislers. “This is a way to encourage positive changes and bring together businesspeople, investors, diplomats and politicians to create new business contacts, exchange business information and new ideas, identify new challenges and projects, as well as to help people to understand the vast potential which international contacts can ensure. The forum will bring together people from as many as 30 different countries.”

Scheduled to be present for the forum are the ambassadors to Latvia of Lithuania, Ukraine, the Czech Republic, Belgium and China, as well as investors, businesspeople and economic experts from the Baltic States, Finland, Denmark, Sweden, Great Britain, Luxembourg, China and India.

Subjects to be considered at the forum include global economic events and crisis and their causes, consequences and influence on global development; the influence which the expected euro crisis may have on the development of Europe and the Nordic countries; the possibility of a Nordic economic alliance; the Baltic Sea as a unifying element in the development the relevant countries; opportunities for co-operation and global joint projects and reasons why countries cannot agree on these; the global debt balance and debt repayment forecasts; aspects of science and innovation in terms of promising inventions in European countries and the “Apples” of various countries; international investment flows and trends for corporate takeovers and mergers in recent years and in future; and, particularly, new business ideas and the challenging export markets which are in the East.

The forum will take place in the conference room of the Citadele headquarters from 11:00 AM to 5:30 PM on October 19.

Registration will begin at 10:00 AM. If you are interested in taking part, please notify us on info@sfk.lv. The fee for participation will be LVL 120, but corporate clients of the Citadele Bank and SIA Statoil Fuel & Retail Latvia, subscribers to Kapitāls, and members of the Rīga Business Association will have a 20% discount. Members of foreign chambers of commerce will receive a 10% discount on the participation fee.

The agenda for the forum

About Citadele Bank

Citadele is a local Latvian bank which offers banking, financial and asset management services. Citadele group is represented in the Latvian market as well as in 10 other countries. Citadele Bank is the only collaboration partner of American Express in Latvia and Lithuania who is entitled to issue American Express credit cards. In 2012 the bank was recognized as the best governed state-owned enterprise in the Baltic States according to a study conducted by the Baltic Institute of Corporate Governance. Citadele’s vision is to become the most valuable local financial group in the Baltic States. 75% minus one Citadele Bank’s shares are possessed by the State Joint Stock Company Privatization agency on behalf of the Latvian State and the owner of 25% plus one share is the European Bank for Reconstruction and Development (EBRD).

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