Nordea Bank Signs a Cooperation Contract with the Riga Business School

Nordea Bank has signed a contract of mutual cooperation with the Riga Business School. The contract provides for not only more favourable terms in study loan granting, but also common initiatives in the implementation of guest lectures, educational seminars and experience exchange projects.

Manager of Nordea Bank Latvia Branch Valdis Siksnis: „The raising of quality of education is one of the cornerstones of Nordea’s corporate social responsibility. We believe that the educational process should be closely related also to practical business experience, so that is why we have been offering, for example, student internship programmes for several years. We have had a close relationship with the Riga Business School for quite a long time, since many employees of our Bank are graduates and students of this School. With the conclusion of the contract, this can serve as a good driving force for fresh ideas.”

Jānis Grēviņš, the Director of the Riga Business School of the Riga Technical University: “The School is really satisfied to establish cooperation with one of the safest banks of the world (according to Global Finance data for 2009). Our benefits from this cooperation are not only favourable loan terms for our students, but also financial expertise and close cooperation with the industry, which manifests in the form of lectures, seminars, experience exchange visits and specialist consultations. From our part, the School offers a very good practice-oriented business education, including MBA with specialisation in finance, other products appropriate for the Bank's needs, such as preparatory courses for CFA® exams, and a wide range of business contacts with more than 800 RBS graduates."

With the conclusion of the contract, Nordea becomes the Golden Member of the RBS Alumni Association and a corporate cooperation partner of the high school. The contract between Nordea and RBS provides for both cooperation in study loan granting, as well as various common initiatives in the implementation of projects of qualitative and practicable education and exchange of experience with the involvement of the Bank’s representatives.