In an era where digital transactions are the backbone of the global economy, ensuring the integrity and transparency of information on cross-border payments and card transactions has become critical for governments worldwide. Recognizing this, the European Union took a significant step on 18 February 2020, when the Council adopted a legislative package to tighten the […]
Following the approval of the Bank of Latvia and the European Central Bank, and the approval of the Competition Council, on 11 December 2023 a transaction was completed whereby a local investment bank, AS Signet Bank, acquired AS LPB Bank. LPB Bank in the transaction result will be rebranded. LPB Bank will continue to operate […]
BluOr Bank has provided financing in the amount of 1.643 million euros to “Karotītes”, the largest organic poultry farm in Latvia and the Baltics, which will be used to expand and modernize the farm. The received funding will help to build a new slaughterhouse on the chicken farm in Tukums Municipality, the construction of which […]