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Joseph Cofer Black in interview to “Dienas bizness”

News - December 20, 2016

Joseph Cofer Black, member of the Council of Baltic International Bank, in the interview to business newspaper  “Dienas bizness” emphasizes – “There needs to be system in place to deter those, who would like to use banks in Latvia for inadequate goals, and to help fight against this. Similarly to the fight against cancer, I see this as a noble mission.”


"Isn’t it great to have socially and morally responsible investments? We are no longer talking about someone like Gordon Gekko and his justification of greed. These are different investments, and I really like this whole thing. We will provide profit to the investors, sustainability to the economies of Latvia and the Baltics, jobs for people and investments for regionally significant projects. As an American, I find it wonderful, because a stronger Latvia and the whole region that provides a foundation for living and joy for the citizens, is a direct interest of ours. The better off and happy you are, the happier we are."

"This is a good, strong organization, which does its best to play its role in the country, society and economy".

Read the full interview

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