---

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

• Luminor issued a new bond on September 10, 2024, with a 4.042% interest rate maturing on September 10, 2028, under ISIN XS2888497067.
• Luminor has reduced its EUR term deposit interest rates for 3-month and 9- to 12-month terms from 3.15% and 2.90% to 3.00% and 2.60% respectively.
• Luminor bank is collaborating with UAB Projesta Group to ensure capital availability for a new 17 million Euro commercial and leisure complex in Vilnius.
• Luminor faced a discrimination complaint after denying a credit extension to a client due to age, prompting the Equal Opportunities Ombudsperson to urge the bank to revise its credit assessment criteria.
• Luminor has removed property insurance offerings from their website, focusing instead on financial growth solutions like savings and investment options.

• Arsenijs Blohins has joined Luminor as a Customer Solutions Centre trainee in Latvia, previously holding a position at Luminor Latvija.
• Luminor is hiring a Financial Expert in Riga with a gross salary range of 3500 - 4700 EUR per month.
• Kaspars Lukačovs, Luminor's personal lending manager in the Baltic states, noted that despite a rise in loan issuance, high Euribor rates continue to restrict larger borrowing.
• Luminor, the third-largest financial service provider in the Baltics, emphasizes local empowerment and offers flexible work options across the EU, Iceland, Switzerland, and the UK.

---

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.