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 German  English

Obgleich Parex Banka von jeher ein rentabel arbeitendes Institut mit umfassender Bankenkonzession in Lettland war, legte das Management der Bank angesichts starker Konkurrenz durch spezialisiertere Tochtergesellschaften ausländischer Banken eine nicht angemessene Geschäftsstrategie fest und traf einige hochriskante Entscheidungen. [EU] Although Parex banka has historically been a profitable institution with a strong banking franchise in Latvia, the bank's management chose an inadequate business strategy and made some high-risk decisions in the face of intense competition from more sophisticated subsidiaries of foreign banks.

The example sentences [G] were kindly provided by the Goethe Institute.
Sentences marked by [EU] derived from DGT Multilingual Translation Memory. The European Commission retains ownership of the copyright in the original data.
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