LATVIA - Hansabank Markets, the financial market body of Hansabanka, is to commence banking transactions in the business of management and administration of pension funds through establishment of open pension fund and by offering asset management services.
Maris Mancinskis, director of finance, said the company would also commence the selling of investment products to private entities through development of products oriented to customers with upper middle incomes.
Last year the bank completed a merger with fellow Latvian bank Ventspils United Baltic Bank.
By Luke Clancy
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