Banks, Financial Services, Latvia

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 21:56

Swedbank – the largest bank in Latvia in terms of assets

BC, Riga, 04.09.2014.Print version
ABLV Bank has become the second largest bank operating in Latvia in terms of assets, overtaking SEB banka, according to information from the Association of Commercial Banks of Latvia at end-June 2014, cites LETA.

The largest bank operating in Latvia in terms of assets is Swedbank – EUR 5.113 billion, which is 2.5% more when compared to June of last year.

 

ABLV Bank is in second place in terms of assets with EUR 3.625 billion, which is 11.6% more when compared to June of last year.

 

SEB banka is in third place in terms of assets with EUR 3.597 billion, which is 5.4% less when compared to June of last year.

 

Rietumu banka is in fourth place with assets of EUR 3.182 billion, which is 23.3% more when compared to last year.

 

Nordea bank is in fifth place with assets of EUR 2.866 billion, which is 10.2% less than last year.

 

DNB banka is in sixth place with assets of EUR 2.35 billion, followed by Citdele – EUR 2.211 billion, Norvik banka – EUR 854.59 million, PrivatBank – EUR 701.96 million, and Baltikums Bank – EUR 532.41 million.

 






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