Luminor Bank has granted 7 million euro to Latvia’s largest defence systems integrator SIA Belss to support the development of its projects in the defence sector. The funding will be used as a credit facility, which will provide the company with financial flexibility to work on the development of unmanned platforms, defence infrastructure projects and […]

BluOr Bank is expanding its range of services and has announced the launch of mortgage loans for home purchases. This marks a new chapter in the bank’s development — alongside its well-established services for businesses, the bank is now actively strengthening its presence in the private customer segment. The loan offering is available to both […]

As of July 2, 2025, Pāvels Orlovs has been appointed as a member of the Management Board. The Management Board continues its work under the leadership of Chairman and Chief Executive Officer (CEO) Dmitrijs Latiševs, together with board members Inga Preimane and Vadims Morozs. The newly appointed board member, Pāvels Orlovs, brings over 15 years […]

Latvian company SIA “Ammunity” — the country’s leading manufacturer of high-precision small-caliber ammunition — has secured €6.3 million in funding from BluOr Bank to support its ongoing development and expansion of production capacity. The funding will be used both to refinance existing liabilities and to strengthen the company’s working capital, enabling a faster response to […]