An entrepreneur from the CIS wanted to separate his personal finances from those of his company. To achieve this we offered the services of Baltikums Private Bank and Baltikums Corporate Bank. We built a simple, yet efficient “Great” - Latvian Wall””, which divided his wealth into his personal finances managed in Riga and an industrial Holding company managed in Limassol. But walls not only divide, but also protect: both parts of the client’s wealth are now entrusted to Baltikums Banka Discretionary Investment Management – and kept in a stable and secure environment of a private, independent Bank at reasonable prices.
The funds are transferred between accounts set up in two European jurisdictions, the title of ownership kept in an international jurisdiction, while operational control remains in the client’s home country.
As a result we established a relation that helps the client resolve an important issue. This is what we call - Relations That Work.
