This list is based on information from Financial and Capital Market commission.[1] Latvia's four largest banks are Swedbank, SEB Group, Citadele Banka and Luminor.[2] In 2023, Swedish Swedbank and SEB Group held more than half of Latvia's banking market.[3][4]
The largest banks and financial institutions in Lithuania, Latvia and Estonia are largely the same and mostly dominated by Swedish companies.[5][6][7]
Central bank
edit| English name | Call name | Licence date | Majority Owner | Capital | Website |
|---|---|---|---|---|---|
| Akciju sabiedrība "Citadele banka" | Citadele | 30 June 2010 | Ripplewood Advisors LLC | 
|
citadele.lv |
| Akciju sabiedrība "LPB Bank" | LPB | 5 September 2008 | Signet Bank AS |
|
lpb.lv |
| Akciju sabiedrība "Reģionālā investīciju banka" | RIB | 14 September 2001 | SKY Investment Holding |
|
ribbank.com |
| Akciju sabiedrība "Rietumu Banka" | Rietumu | 5 September 2008 | Esterkin Family Investments |
|
rietumu.com |
| AS BlueOrange Bank | BlueOrange | 12 June 2001 | BBG AS |
|
blueorangebank.com |
| AS Expobank | Expobank | 16 December 1991 | Expobank LLC | 
|
expobank.eu |
| AS "Industra Bank" | Industra | 6 May 1994 | J.A. Investment Holding |
|
industra.finance |
| AS "PrivatBank" | PrivatBank | 31 July 1992 | JSC CB PrivatBank | 
|
privatbank.lv |
| AS "SEB banka" | SEB | 29 September 1993 | SEB AB | 
|
seb.lv |
| Baltic International Bank SE | BIB | 3 May 1993 | Belokon family |
|
bib.eu |
| Luminor Bank AS | Luminor | 2 January 2019 | Luminor Bank | 
|
luminor.lv |
| Signet Bank AS | Signet | 26 May 1992 | Signet Acquisition III LLC |
|
signetbank.com |
| "Swedbank" AS | Swedbank | 7 September 1998 | Swedbank AB |
|
swedbank.lv |
Foreign commercial bank Latvian branches
editBanks in Liquidation
editReferences
edit- ^ "FKTK - Home page". Archived from the original on 2016-12-25. Retrieved 2016-12-21.
- ^ "Latvia's 4 largest banks undecided about appealing bill on support to mortgage borrowers". baltictimes.com. 2023-12-18. Retrieved 2024-01-05.
- ^ "Industry data". Finance Latvia. 2022-10-27. Retrieved 2024-01-05.
- ^ "Latvia". Major Banks of Latvia. Retrieved 2024-01-05.
- ^ "Swedes poised to become Baltic banking leaders". baltictimes.com. 1998-11-26. Retrieved 2024-01-05.
- ^ "Banks pile in to join Baltic boom". The Banker. 2005-07-03. Retrieved 2024-01-05.
- ^ Hanson, Maivi (2007-04-17). "Overview of Baltic Banking Market". The Global Treasurer. Retrieved 2024-01-05.
- ^ "Banks". Retrieved 2021-12-15.
- ^ "FKTK - Freedom of Establisment [sic]". Archived from the original on 2016-12-22. Retrieved 2016-12-21.
- ^ "FKTK". FKTK.