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 […]

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, […]