This list is based on information from Financial and Capital Market commission. Latvia's four largest banks are Swedbank,

SEB Group Skandinaviska Enskilda Banken AB (, abbreviated SEB, is a northern European financial services group headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, ...

, Citadele Banka and Luminor. In 2023, Swedish Swedbank and

held more than half of Latvia's banking market. The largest banks and financial institutions in Lithuania, Latvia and

Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...

are largely the same and mostly dominated by

Swedish Swedish or ' may refer to: Anything from or related to Sweden, a country in Northern Europe. Or, specifically: * Swedish language, a North Germanic language spoken primarily in Sweden and Finland ** Swedish alphabet, the official alphabet used by ...

companies.

Central bank

Bank of Latvia ) , ownership = 100% state ownership , headquarters = Riga , established = 7 September 1922 , president = Mārtiņš Kazāks , leader_title = Governor , bank_of = Latvia , reserves = US$3.05 billion , website www.bank.lv, preceded = Sta ...

* Valsts Kase

Commercial banks

Foreign commercial bank Latvian branches

* Svenska Handelsbanken * Danske Bank * Bigbank * OP Corporate Bank * Scania Finans Aktiebolag *

Luminor Bank Luminor Bank AS is a bank headquartered in Tallinn, Estonia, with branches in Latvia and Lithuania. It is the third-largest bank in the Baltics and in Estonia. Luminor has a deposit market share of 16% and lending market share of 22%. Lumin ...

Latvia Branch

Banks in Liquidation

* ABLV Bank * Sakaru banka * PNB Banka *

Reverta Reverta is a professional-distressed asset management company headquartered in Latvia. With branches in Berlin, Stockholm, Tallinn and representative offices in Tokyo, Moscow, Kyiv, Baku and other cities, the company employs 2,600 staff in 14 coun ...

* Trasta Komercbanka

References

{{List of banks in Europe *List

Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...

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