---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

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.

---

Luminor - Latest News and Updates

• Sunergia has partnered with Luminor Bank to offer more favorable terms for energy efficiency loans, including financing for solar panels and heat pumps, with amounts ranging from 4,000 to 30,000 EUR and interest rates starting at 5.9% annually.
• Starting January 1, Luminor will change its service conditions, including increasing the cash withdrawal limit for Visa Debit cards to 800 euros per month and reducing the monthly service fee from 1.37 euros to 1 euro.
• Luminor won the Best Innovation in Retail Banking award in Estonia.
• Luminor Bank's fraud prevention expert Marija Celma reports that 45% of small and medium enterprises in Latvia faced fraud attacks in the past year, with phishing emails being the most common method.
• Henrik Mägi, Senior Compliance Officer of Luminor Group, will participate in a panel discussion at the AML Tallinn 2024 conference.

---

Sign up to receive regular updates

If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.