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Luminor

🌎 luminor.lv

Luminor is the leading independent bank in the Baltic states and the third-largest financial services provider in the region. The bank aims to drive change and contribute to the community by fostering an economic environment with a future perspective. With a strong local presence and roots in the Nordic countries, Luminor combines global knowledge with local expertise to support sustainable growth in the Baltic region, offering reliable long-term services to both businesses and individuals.

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Luminor - Latest News and Updates

• Luminor announces preliminary results for the full year 2024 on January 30, 2025.
• Luminor successfully completed a €35 million Tewox bond issue ahead of schedule, according to Gints Belevičs, head of markets at Luminor.
• Luminor increased its net profit by 4% to over 202 million euros last year, driven by higher commission income despite a stagnant loan portfolio and declining net interest income.
• Mārtiņš Krauklis, a senior lawyer in Luminor's litigation department, discussed inheritance and debt after death in a recent podcast episode.
• Luminor is hiring a KYC/AFC Analyst in Riga to manage their SWIFT RMA network and conduct due diligence on counterpart banks.

• Luminor Bank economist Pēteris Strautiņš commented that the Lufthansa Group's investment in airBaltic, despite its disappointing valuation, has a positive indirect impact on the economy.

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