Riga, 2017-05-17 14:31 CEST (GLOBE NEWSWIRE) -- On differences in statements
According to audited results the net losses of Capitalia for the year 2016 were EUR 11,576 - smaller by EUR 1,854 than reported in non-audited results for the same period. The difference is due to amendments in the provisions for the doubtful loans.
On Capitalia
Capitalia is the largest non-bank lender to small and medium enterprises in Latvia, Lithuania and Estonia. To date Capitalia has financed working capital and investment needs of more than 1000 companies investing over EUR 20 million in growth of these businesses.
Juris GriĊĦins
Manager
Email: juris.grisins@capitalia.com
Phone: +371 2880 0880
www.capitaliafinance.com