Latvijas Banka Releases its First Sustainability Disclosures Report

Latvijas Banka, the central bank of Latvia, has released its first sustainability disclosures report, providing transparency on its efforts to promote sustainable development and addressing...


In 2022, the Latvian insurance sector experienced a sharp increase in the amount of premiums written and claims paid

In 2022, a total of 679.1 million euro in insurance premiums was written in Latvia, which is 15.7% more than a year before, of which 21.1% were written in life insurance and 78.9% –...


Latvijas Banka submits an application for the liquidation of Baltic International Bank SE to the court

Based on the decision taken by the European Central Bank (ECB) on the withdrawal of the licence of Baltic International Bank SE, Latvijas Banka has prepared an application on the opening of the...


Latvijas Banka issues a payment institution operating licence to SIA JOOL PAY

On 15 March, the Supervision Committee of Latvijas Banka decided to issue a payment institution operating licence to the limited liability company JOOL PAY with the right to provide money remittance...


Latvijas Banka introduces sustainability aspects of supervision to financial sector representatives

On 9 March the first Sustainability Breakfast organised by Latvijas Banka took place. It brought together more than 70 executives of financial market participants and sustainability experts...