Apr 30, 2013
Tokyo, April 16th 2013 - The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) (President: Nobuyuki Hirano) is pleased to announce that BTMU together with its subsidiary, the Bank of Tokyo-Mitsubishi UFJ (Poland) S.A. (“BTMUP”) has signed an Agreement On Cooperation with the Investment and Development Agency of Latvia (“LIAA”) on April 9, 2013.
With the signing of this agreement, BTMU and BTMUP will closely collaborate with LIAA by organizing joint events to provide information and assistance to Japanese companies interested in investing in the Republic of Latvia.
The Republic of Latvia, located in the center of the 3 Baltic countries, offers a strategic location for business operations. The Republic of Latvia is one of only three EU countries that shares its border with Russia, acting as a natural gateway between the EU, Russia and CIS countries.
LIAA is a direct administration institution subordinated to the Minister of Economics of the Republic of Latvia. LIAA sets its objective to promote business development by facilitating more foreign investment, in parallel increasing the competitiveness of Latvian entrepreneurs in both domestic and foreign markets.
Singing the Agreement with LIAA as the first Japanese Financial Institution Group, BTMU aims to provide an enhanced range of financial services to meet the diverse needs of its valued customers entering Republic of Latvia.
Re-disseminated by The Asian Banker