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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 Asset Management's pension funds are among the investors in INVL Group's €305m private equity fund.
• Luminor, previously known as Nordea, issued around 300 Swiss franc loans before halting due to rising exchange rates, and is currently involved in legal disputes over the fairness of these loan agreements.
• On February 5, Luminor completed its first perpetual additional Tier 1 bond issuance worth 150 million euros, attracting orders from over 140 investors across 25 countries.
• Luminor expects to report a net loss for the year ended December 31, 2024, according to a filing with the Singapore Exchange.
• Luminor will host open house days on February 22-23 in Jūrmala, Latvia.

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