Considering the geopolitical situation and the growing interest of investors, the defence bond market in Latvia could develop as part of a wider transformation of the Baltic region’s capital market. Recently, the first issue of defence bonds in the Baltics was carried out – in the amount of EUR 25 million for the benefit of […]

Luminor bank will co-finance the construction of a wind farm in Smiltene municipality. With the receipt of funding, construction works will be started, and the development of sustainable energy production will be promoted. The developer of the project is SIA WPR2. The wind power park “Augstkalni” developed by SIA WPR2 will be located in Smiltene […]

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 […]