Luminor | Latest News & Updates - Nov 01, 2024 Release
In 3Q24, Luminor reported a profit after tax of 55 million EUR, improved loan book quality, and Moody's upgraded its rating to A2...
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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
- In 3Q24, Luminor reported a profit after tax of 55 million EUR, improved loan book quality, and Moody's upgraded its rating to A2.
- Luminor launched an instant payment service for customers on October 30, 2024, enabling real-time transfers 24/7.
- Luminor reported a 166.9 million euro profit for the first nine months of 2024 in the Baltic states, a 6.4% decrease from the same period last year.
- Luminor Bank AB is listed as the bank for UAB Megė's account number LT244010042502751076.
- Kaspars Lukačovs, Luminor's personal lending manager in the Baltic states, noted that despite a 27% increase in loans to private individuals, high Euribor rates still restrict larger borrowing.
- Luminor provided €4.76 million to support MS Siltums in building biomass heating plants and new heating pipelines in Latvia, enhancing energy efficiency and sustainability, according to Ilze Zoltnere, Head of Corporate Department.
- Luminor economist Pēteris Strautiņš appeared on the TV show 'Naudas cena' to discuss the real estate market.
- Luminor granted a €1.88 million guarantee to Latvia's largest tour operator Tez Tour, as announced by Ilze Zoltnere, Luminor's Corporate Department Head.
- Luminor offers 30 paid days for military training to its employees.
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