Parex Bank speed up AmEx business in Latvia
President of Parex banka (Riga, Latvia) Nils Melngajlis and vice-president of American Express on Countries of the Central and Eastern Europe Alex Furber have discussed possibilities for further cooperation of Parex banka and AmEx. Following the results of meeting, N.Melngajlis has informed, that Parex banka will use the market situation for strengthening position of the bank in the credit cards market. Thus, the considerable part is assigned to effective cooperation with AmEx.
Parex banka has received exclusive rights on issue AmEx credit cards in the Latvian market in 2005. Now three categories of AmEx cards are available to clients of the bank: The Platinum Card, AmEx Gold and AmEx Blue.