Luminor has completed a €300m 4-year senior preferred bond issue. Luminor held a series of virtual meetings with European investors on 2 June and, following positive feedback, launched its new issue the next day. The offer of securities was oversubscribed quickly with Luminor receiving €2.2bn in orders from over 150 investors located across more than […]

Luminor is pleased to announce the appointment to its Management Board of Jonna Pechter as Chief Marketing Officer and Tanel Rebane as Chief Sales Officer for Retail Banking, effective 1 June 2025. The two new positions underline Luminor’s commitment to customer experience and growth. Jonna Pechter will be responsible for Retail products, marketing and branding, […]

Luminor announced today its financial results for 1Q25, reporting increased mortgage lending, decreased expenses, and continued quality of its loan book. The bank’s liquidity and capital positions remained strong. Luminor generated a profit after tax of 45.4 million EUR in the quarter as compared to 66.8 million EUR in the same period last year. Total […]

Uldis Cērps, CEO of Finance Latvia April 8, 2025 Distinguished participants of the Baltic FinReg Summit 2025! First, I would like to thank Cobalt and the European Investment Bank for having the opportunity to address this distinguished audience and for Finance Latvia Association for supporting this event. I will use the next 20 minutes to […]