Danske Bank has agreed to sell its personal customer business in Latvia and Lithuania to Swedbank for an undisclosed sum; this is in line with Swedbank's plan of strengthening its presence in the Baltics. many new jobs are created in small and medium-sized enterprises. The deal will see Swedish financial services group Svenskt Näringsliv become a majority shareholder in Latvia's Baltic branch of Danske Bank.
Danske Bank has agreed to sell its personal customer business in Latvia and Lithuania to Swedbank for an undisclosed sum; this is in line with Swedbank's plan of strengthening its presence in the Baltics. The deal will see Swedish financial services group Svenskt Näringsliv become a majority shareholder in Latvia's Baltic branch of Danske Bank.