Over the past few years, the attitude of Baltic residents towards personal financial management has been gradually evolving. While building emergency savings was until recently the primary financial goal for most people, an increasing number are now taking the next step by exploring investment opportunities and the capital markets. However, the transition from saving to […]
In May 2025, Signet Asset Management Latvia IPS, the investment management company of Signet Bank Group, launched Signet Baltic Bond Fund (hereinafter – the fund), the first open-ended fund focused on Baltic corporate bonds. During its first 12 months of operation, the Fund generated a return of 7.6%, demonstrating steady growth and the consistent execution […]
OTP Group to enter the Baltic markets, expanding its presence to 14 countries and increasing its total assets by over 10%, while the share of its operations within the euro zone will reach 50%. OTP Bank has signed an agreement with a consortium of private equity funds managed by Blackstone, and DNB Bank, to acquire […]
Luminor Bank has granted children’s furniture manufacturer Ltd. Hoppekids financing in the amount of 1.3 million, which will enable the company to acquire the assets of the Danish children’s furniture manufacturer M. Schack Engel. The transaction will strengthen the company’s competitiveness in the European market and expand production in Latvia. As part of the deal, […]