Mission and vision
We work for the benefit of Latvia.
Our objective is a sound financial system, a developed country, and a prosperous nation.
We care about stable money and sustainable economic growth, for Latvia to develop as a truly prosperous European state.
Latvijas Banka makes up the backbone of the financial system – from cash circulation and user-friendly payment infrastructure to effective financial sector supervision.
We contribute to our currency's, the euro's, development policy in cooperation with other central banks in the Eurosystem.
We provide an independent, analysis-based vision for national decision-makers and educate the general public on financial topics to ensure that each and every individual has the skills to manage their money wisely.
Our objective is a smart and prosperous Latvia, a good place to live both for ourselves and our children. Today and tomorrow.
Values
- Brave in the face of challenges
- United in humanity
- Powerful in development
Strategic priorities for 2024 - 2026
Secure and well-developed financial sector for the public
Latvia's financial sector must be secure and trusted by businesses, investors, cooperation partners, and the general public alike. The evolution of the financial sector must also contribute to the overall economic development.
The supervision of Latvia's financial sector must be targeted and based on risk identification. It must promote the adoption of financial technologies and innovative solutions in financial services, while simultaneously safeguarding the interests of the general public – the users of these services.
Catalyst for strategic decisions at both the economy-wide and individual levels
Latvijas Banka must serve as a leading centre of expertise in economics and finance within Latvia, while remaining competitive across Northern Europe. It must support analysis-based decision-making to drive long-term economic development and financial system stability.
Improving the financial and economic literacy of the general public in Latvia is key to enhancing the population's ability to make sound financial decisions.
Sustainability of the financial system and the economy
Climate change and loss of biodiversity affect our planet, including the economy and the financial system. Therefore, Latvijas Banka's operations and the requirements imposed on the financial sector must support greener and more responsible decision-making.
Latvijas Banka must be a trustworthy negotiation partner, actively engaging the financial sector in working towards sustainability objectives and contributing to the establishment of sustainability as a principle in both corporate and risk management.
Effective and innovative central bank
Latvijas Banka must continuously improve its technological infrastructure and data management capacity to skilfully provide public good in all areas of its operations.
Technology and data use must enhance the operational effectiveness of Latvijas Banka.
Meaningful career opportunities for professionals
To achieve its objectives effectively, Latvijas Banka must be an attractive employer that continuously invests in the professional development of its employees' skills and competencies.