FCMC cancels the bank’s credit 2008 2010 2011 institution license 2016 2017 The Cabinet of Parex banka begins The shareholders The most complex Ministers passes a The EC approved the its work as a meeting passes a objects retains in resolution to 2012 restructuring plan of “resolutions bank.” resolution on the Reverta portfolio. It purchase the Public funds have resignation of the Parex banka, providing After changing the starts to sell assets controlling stake in been invested into credit institution for the termination of status, the bank to investors Parex banka its recovery license the activities of Reverta transformed into Joint-Stock Company Reverta The State has earned Limited +19,2 Returned loans guaranteed by the investment Grand total mln. EUR state returned recovered 245 mln. EUR 750 +18,6 Payments on subordinated loans or Other payments to mln. EUR the State Treasury 691 mln. EUR 67% 430,2 7 mln. EUR of distressed Average amount of the recovered debt per assets employee during the 16 Taxes paid work of Riverta The largest projects during The largest projects in 2016 the work of Reverta 10,6 Completion of the largest and most The deal to restructure the debt of a mln. EUR complex credit project in Lithuania 68,2 major Russian company working in mln. EUR the field of grain business "Meridian" project - a unique, valuable 9,0 land in the center of Tallinn One of the most complex projects in mln. EUR Russia - OJSC "MOSCOW" 27,8 The deal on the reconstruction, lease mln. EUR department store." Recovering the principal debt in full 6,19 and sale of the central airBaltic office mln. EUR building The group of related companies to Sale of 1000m2 of commercial space in 17,5 realize the stadium "Skonto" and the prestigious Moscow area "Frunze mln. EUR numerous land plots 2,3 mln. EUR Embankment” Problematic factors affecting Geopolitical the recovery of assets situation Inefficient work of law enforcement agencies Unstable economic situation in Countering Latvia and in the world debtors Slow operation of the Fall of the real estate Latvian judicial system market.
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