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Trading

List of Banks in Latvia

Published by Gbaf News

Posted on June 14, 2012

1 min read

· Last updated: December 7, 2018

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Trasta komercbanka
Aizkraukles banka
PrivatBank
Baltic International Bank
Nordea Bank Finland Plc, Latvian Branch
Danske Bank also known as Sampo Banka
DnB NORD Banka
Bank SNORAS Latvia branch
LTB Bank Former Latvijas tirdzniecibas banka
Latvijas Biznesa banka
Bank of Latvia
Latvijas Krajbanka
Latvijas Pasta Banka
Akciju komercbanka “Baltikums”
Norvik Banka
Parex banka
GE Money Bank Former Baltic Trust Bank
Regionala investiciju banka
Rietumu Banka
Latvijas Hipoteku un zemes banka
SMP Bank Former Multibanka
Citadele banka created from the split of Parex banka
Svenska Handelsbanken AB, Latvia Branch
Swedbank Former Hansabanka
SEB banka
UniCredit Bank

Key Takeaways

  • Latvia’s banking sector includes both significant banks like Swedbank, SEB Banka and Citadele, and several less significant local players.
  • The Bank of Latvia serves as the national central bank and financial supervisor within the Eurosystem.
  • Several banks mentioned in the article are defunct, mirroring consolidation and restructurings over time.
  • BluOr Bank (formerly Baltikums) remains one of the top domestic banks by assets and innovation.

References

Frequently Asked Questions

What are the major banks currently operating in Latvia?
The major banks include Swedbank, SEB Banka, Citadele, Luminor, Rietumu Banka, BluOr Bank, Industra Bank, Magnetiq Bank, RIB, Signet Bank, TF Bank branch, among others.
Which banks in the list are no longer operating?
Defunct banks include Trasta Komercbanka, Latvijas Krājbanka, PrivatBank, Baltic International Bank, Parex Bank, GE Money Bank, Baltic Trust Bank, Multibanka, Nordea’s Latvian branch, and others.
What is the role of the Bank of Latvia?
The Bank of Latvia is the national central bank and supervisory authority within the Eurosystem, overseeing monetary policy and supervising financial institutions.

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