OREANDA-NEWS. February 17, 2010. Since November 2009, the volume of international deposits at Parex banka has increased by LVL 20 million indicating a restoration in customer trust and offering positive signals about the bank’s development, reported the press-centre of Parex banka.    

Senior Vice President, head of Private Capital Management Sector, Roberts Idelsons: “Stabilization of the situation in the bank and improving economic situation in the world, including the markets to our East, have allowed Parex banka to gain a substantial increase in the deposit portfolio. Data from the last several months indicate that business volumes and turnover in the non-resident segment are on the rise, and this has had a positive effect on the bank’s financial indicators.”

Services for international customers remain Parex banka’s key area of operations. The bank offers a wide variety of private capital management services ranging from simple options to sophisticated added value services including payment cards and business accounts, deposit services, investment consultations, brokerage services, storage of securities and many others.

Parex banka is ready to offer its customers advice on investment opportunities in such CIS countries as Russia, Ukraine, Azerbaijan, Belarus, Kazakhstan and Moldova, as well as in Western Europe. The first Parex banka’s foreign office was opened in the Belarusian capital city of Minsk in 1993.