Leasing Services in Latvia

Introduction
This paper is a comparison of top three commerce banks in Latvia – Hansabank, Parex Bank, Unibank – and their leasing services. There are several advantages and possibilities of each bank’s services. Moreover, there are many reasons why an individual or legal entity should choose one service instead of another bank’s service. This paper distinguishes the alternatives of each of these leasing services and provides information of what documents are necessary for obtaining leasing.

Hansabank
Hansabank is one of the most dynamically growing banks in Latvia. It is a universal bank, providing its customers with a wide range of services. Hansabank belongs to Hansagroup, from where comes the Hanza Leasing, which is a subsidiary of Hanza Capital, established in 1994. SIA Hanza Leasing is the market leader with 42% of leasing and factoring market in Latvia. The main services offered by Hanza Leasing to individuals are:…