This study results shows us just how thoughtful, active, and discerning consumers in our market can be, and they will continue to vote for their preferred providers with their feet and their money. I appreciate these findings and look forward to seeing how various financial service providers begin to incorporate these important insights into their operations and product developments.
Should the lats be devalued, the burden on those loan recipients whose liabilities are in euro but income in lats would increase dramatically: it would take more money to buy a euro. Anyone who speculates, albeit theoretically, about devaluation of the lats, should be aware that it would lead to a dead-end.