Increased revenue guidance of Latvian banks

In the first quarter of this year, expenditures of Latvian banks for payment of wages boards and councils of credit institutions as compared to the same period in 2010 rose to 160,000 lats (9.2%) and amounted to 1.89 million lats. Such data gives the Commission financial and capital markets (FCMC). Bank expenses for salaries is not occupying the main leadership positions professional staff for the year increased by 3% and amounted to 33 million lats.