The State is not interested in holding the shares of Parex in its possession for unlimited period of time.
One of the main tasks of Privatization Agency as a state representative and the majority shareholder of Parex is seeking strategic investors who would work for stabilizing and further development of the bank. The European Bank for Reconstruction and Development (EBRD) became one of the investors who agreed to acquire 25% +1 of ordinary shares of Parex. On 3 September 2009, the European Bank for Reconstruction and Development became shareholder of the bank. Currently, the Latvian Privatisation Agency is holding 70,3% of the Bank's shares, 25% are controlled by the European Bank for Reconstruction and Development, but the rest — by minority shareholders.
At the moment, several limitations on Parex activities, including issuing loans, are still effective. Also, the FCMC decided to extend the period of restrictions on the settlement of liabilities, because the bank does not possess a sufficient amount of liquid resources available for performing financial transactions on its own, without the state support.