Print

Public administration/state support institutions

ALTUM cooperation with public administration institutions

The Ministry of Finance is the sole shareholder of the Mortgage bank. Moreover, the ministry advises the bank and ALTUM on state support legislation and programme development issues

The Ministry of Economicsi is a partner of the Mortgage bank and ALTUM in state support programme development and implementation issues (ERDF Competitiveness programme; ESF Start programme)

The Investment and Development Agency of Latvia (LIAA) - implements EU structural Funds programmes. Also LIAA is a partner of the Mortgage bank and ALTUM in implementation of ESF Start programme

Latvian Guarantee Agency  provides its guarantees to commercial banks for funding of SME and business start-ups projects as well as export credit guarantees and mezzanine loans. The agency maintains information exchange with ALTUM on development and implementation issues of SME and business start-ups Support programme