jamborich Posted April 5, 2009 Share Posted April 5, 2009 http://www.baltic-course.com/eng/finances/?doc=11990 Not really into this financial stuff so not sure what impact if any this may have on Hearts. Thoughts. Link to comment Share on other sites More sharing options...
Cliffundo Posted April 5, 2009 Share Posted April 5, 2009 http://www.baltic-course.com/eng/finances/?doc=11990 Not really into this financial stuff so not sure what impact if any this may have on Hearts. Thoughts. most of all the big banks around the world have had their ratings dropped. This means nothing for hearts and nothing much for UB tbh....when things pick up in the economy the ratings will be revised. don't worry about it. Link to comment Share on other sites More sharing options...
Groot Posted April 5, 2009 Share Posted April 5, 2009 Knowing as much as your average hobonomic, but to me the issue against them appears to be due to expected difficulties due to the way things are in Lithuania as opposed to anything directly linked to Ukio Even then, it is UBIG who owns Hearts of which Ukio is a part so don't think its catastrophic Link to comment Share on other sites More sharing options...
Groot Posted April 5, 2009 Share Posted April 5, 2009 most of all the big banks around the world have had their ratings dropped. This means nothing for hearts and nothing much for UB tbh....when things pick up in the economy the ratings will be revised. don't worry about it. you're alive Link to comment Share on other sites More sharing options...
studo Posted April 5, 2009 Share Posted April 5, 2009 i believe it means we are now in admin and the bulldozers are heading down gorgie way right now. ha ha Link to comment Share on other sites More sharing options...
Cliffundo Posted April 5, 2009 Share Posted April 5, 2009 you're alive lol....yeah!! soz I was not around for the familly guy thing. Hope I did not spoil it for anyone. Link to comment Share on other sites More sharing options...
Glamorgan Jambo Posted April 5, 2009 Share Posted April 5, 2009 I guess it means that UB has a lot of loans/exposure to the Lithuanian market and therefore has been downgraded along with the prospects for that (and the other Baltic) economy. As far as HMFC is concerned it doesn't mean a lot except that we'd better seriously implement the self sufficiency strategy we're talking about as I presume the pound/Lita rate is going all the wrong way as far as UB is concerned. Link to comment Share on other sites More sharing options...
Victorian Posted April 5, 2009 Share Posted April 5, 2009 the main effect of this news will be mostly felt in the underwear department of sirgay. this will mean an immediate influx of a vigorously active right hand within the sirgay shorts. Link to comment Share on other sites More sharing options...
Sydney from Sydney Posted April 6, 2009 Share Posted April 6, 2009 http://www.baltic-course.com/eng/finances/?doc=11990 Not really into this financial stuff so not sure what impact if any this may have on Hearts. Thoughts. THe downgrading of a banks's financial rating generally means among other things the bank in question will pay a higher price for it's borrowings because the risk associated with the bank has increased. Can't imagine it affects the bank's customers too much, but it could lead to an increase in the interest on our loan. Banks usually pass on any additional costs. Link to comment Share on other sites More sharing options...
Coco Posted April 6, 2009 Share Posted April 6, 2009 Any further gossip/news on why VR 'temporarily' sold his shares in Ukio Bankas? Link to comment Share on other sites More sharing options...
Boaby Ewing Posted April 6, 2009 Share Posted April 6, 2009 Any further gossip/news on why VR 'temporarily' sold his shares in Ukio Bankas? When was that? I missed that one. Link to comment Share on other sites More sharing options...
Tiberius Stinkfinger Posted April 6, 2009 Share Posted April 6, 2009 Don't you just love reading about the financial state of the Baltics in times of recession. Fascinating stuff. B's,BB's & B+'s...Wonderfully exciting and rivetingly difficult to stop researching. Does anybody know of a place where i can go that will give a much greater incite into the Baltic Banking phenomenon ?? Link to comment Share on other sites More sharing options...
shaun.lawson Posted April 6, 2009 Share Posted April 6, 2009 Does anybody know of a place where i can go that will give a much greater incite into the Baltic Banking phenomenon ?? Certainly do Sir! http://www.hibs.net Link to comment Share on other sites More sharing options...
Tasavallan Posted April 6, 2009 Share Posted April 6, 2009 When was that? I missed that one. 'Temporarily' sold all his shares (64,810,296) in UB on 30th March to Rolandas Balčikonis. I understand that Balčikonis is an underling at UBIG. Link to comment Share on other sites More sharing options...
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