Parex Bank was a Latvian bank founded in 1992 by Valērijs Kargins and Viktors Krasovickis [lt; lv] as a privately owned full-service banking company in...

from a state administered split of Parex Bank into viable and distressed banking assets. The other is Reverta. Parex was privately founded 1992 and taken...

fraudulantly received $800 million and some of it had been through ABLV Bank and Parex Bank for companies linked to her by three telecommunications operators...

Latvian and German firms associated with Parex Bank and Overseas Services, which is a sister firm of Parex Bank, by Mikhail Rebo, also spelled Rabo, and...

staff in 14 countries. Parex Banka was founded in 1992 by Valery Kargin and Viktor Krasovickis as one of the early privately held banks of the post-Soviet...

previously held the same position at Parex Bank in Latvia when very large sums were money laundered allegedly through Parex Bank and its sister firm Overseas...

effectively creating a bad bank with the original Parex Banka name and no retail depositors. The Parex "bad bank," its core retail functions stripped out by...

the softening world economy. Triggered by the collapse of Parex Bank, the second largest bank, GDP decreased by almost 18% in 2009, and the European Union...

March 1961, in Riga) is a Latvian economist and banker was the president of Parex Banka, from 1998 to 2008. In October 2000, he and Viktor Krasovitsky had...

Reserve requirements are central bank regulations that set the minimum amount that a commercial bank must hold in liquid assets. This minimum amount,...