Luminor | Latest News & Updates - Jan 06, 2025 Release
Loreta Načajienė, head of Luminor investicijų valdymas, announced that starting January 1, 2025, state contributions to second pillar pension funds will increase, and a new fund for participants born between 2003-2009 will be established...
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Luminor
🌎 luminor.lvLuminor 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.
Luminor - Latest News and Updates
- Loreta Načajienė, head of Luminor investicijų valdymas, announced that starting January 1, 2025, state contributions to second pillar pension funds will increase, and a new fund for participants born between 2003-2009 will be established.
- Luminor's Latvian branch must ensure unified ATM cash availability across the country by January 1, 2025, as per Bank of Latvia regulations.
- Nala Renewables borrowed €25 million from Luminor after acquiring six solar power plants in Lithuania.
- Luminor Bank conducted a survey in December 2024 revealing that over 40% of Latvians expect their financial situation to improve in 2025.
- Luminor economist P. Strautins commented that last year Latvia's economy was weak with poor export growth and stagnant private consumption.
- Luminor Bank AS Latvijas filiāle is one of the major providers of critical financial services in Latvia with a large ATM network.
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