Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
The bailout of Parex Banka at the height of the financial crisis helped push Latvia into deep recession. Today, reborn as Citadele and with a global all-star cast of owners, the bank is well on the way to becoming a national asset.