With the advent of new European Union requirements, terms like “sustainability” and “ESG” (environmental, social, and governance) have become part of the daily vernacular for entrepreneurs in recent years. For companies, this entails certain obligations, including assessing their impact on the environment and actively reducing it, as well as planning their business development sustainably. Some […]
Riga – Vilnius – Tallin – Responding to the growing demand for standardization and simplification in ESG (environmental, social, and governance) data collection processes, Baltic banking associations and financial service providers have joined forces to create the Unified cross-Baltic ESG Client Questionnaire. This initiative aims to streamline ESG data collection and enhance the sustainability assessment […]
BluOr Bank’s activities in 2023 are characterized by stability and targeted development in accordance with the Bank’s business model and strategic goals. The Bank completed 2023 with a profit of EUR 12.6 million, which is 20.1% more than in 2022. Net operating income of the Bank during the reporting period amounted to EUR 37.5 million. […]
In an era where digital transactions are the backbone of the global economy, ensuring the integrity and transparency of information on cross-border payments and card transactions has become critical for governments worldwide. Recognizing this, the European Union took a significant step on 18 February 2020, when the Council adopted a legislative package to tighten the […]