Latvian Banks

Latvia is a Baltic country in Northern Europe.
About the size of Ireland, it is a regional center of trade, travel and technology. This year Latvia will become a full member of NATO and the European Union. Riga, the capital of Latvia, celebrated its 800th birthday in 2001. Latvia is a springboard to European markets. There are more than a million Americans of Baltic descent.
Latvia is neither very large nor very small. It's a country cozily nestled between Estonia and Lithuania on the shore of the Baltic Sea, also known as the Amber Sea. The territory of Latvia (24,900 square miles) is inhabited by over 2.5 million people. Latvian language is one of the most ancient European Languages. Together with Lithuanian, Latvian forms the Baltic branch of the Indo-European group of languages. Although Latvia occupies only a small territory, the variety of its nature is large. This is determined by its geographical location, the history of its development and the local characteristics.

Griffon Bank
Griffon Bank is a private international bank established in 1997 in the Commonwealth of Dominica under the Offshore Banking Act 1996, which provides international offshore online banking services. All activities of the bank are under the strict supervision of the Government of Dominica and the Eastern Caribbean Central Bank.
Griffonbank.com is one of the world's foremost providers of offshore online banking services. We provide secure and confidential Internet banking for legal entities and individuals worldwide. Griffonbank.com offers a wide variety of Internet banking services to its clients, including current accounts, deposit accounts, international wire transfers, certificates of deposit, and payment card facilities.

Paritate Bank
Paritate Bank was established in 1992. It is known as the first bank in Latvia actively providing services to Internet customers on western markets since 1995. One of the main directions of the Bank's activity is providing a wide spectrum of services in CIS and the Baltic States. Paritate Bank is a multi-purpose, modern and dynamically developing bank, which uses the newest management technologies. Paritate Bank is a team of young and qualified professionals. Paritate Bank credo is to react rapidly to the changing market environment, a carefully elaborated strategy, development of information technologies, flexibility and loyalty, which ensures stable growth and consolidation of the Bank's positions. We are always open for dialogue. Confidentiality and individual approach to the needs of the Customers are the key to successful co-operation.

Rietumu Bank
Rietumu Bank is one of the largest financial groups in Baltics.
Banking services to private, businesses and institutional investors. The services include private banking facilities, portfolio management and financial planning

JSC LATEKO Bank
JSC LATEKO Bank was founded on April 29, 1992. Throughout its existence, the Bank has been successfully operating in the Latvian, Baltic, Eastern and Western European financial markets. At present, LATEKO Bank takes a stable position among the 5 largest banks in Latvia. The last three years were especially successful for the Bank in terms of dynamic trends in its growth and development. At the end of 2002, LATEKO Bank was listed as the fifths Latvian commercial bank in terms of assets and deposits as well as experienced significant increase in the volume of loans issued that signals about the ongoing trust and credibility towards the Bank. 

Parex Bank
Parex Bank is the leading financial services institution in Latvia and the Baltics offering integrated client service frameworks in account and card services, lending, leasing, insurance, asset management and securities brokerage. Parex Bank acts as a hub between developed western markets and smaller Baltic and CIS market players interested in major market instruments. Parex Bank is one of the oldest commercial banks in Latvia and the only major Baltic to remain profitable every year of its operations. As a universal bank, Parex Bank's primary businesses include traditional deposit and credit programmes as well as trust and investment services. Since its establishment in 1992, the Bank has been committed to providing stability and quality to its customers having rapidly grown to become the largest bank in Latvia. Parex Bank operates throughout the Baltic's and is represented throughout the CIS, in Frankfurt, London, and Stockholm. Parex Bank is well recognised in the international financial community and has received a number of awards in Latvia including "Best Bank" from Euromoney Magazine's "Awards for Excellence" in 2003, "Bank of the Year" from the Banker Magazine in 2002, and "Best Bank" from Global Finance Magazine in 2003.

Unibanka
Unibanka emerged on September 28, 1993 following a fundamental restructuring of the Bank of Latvia. The Bank's retail arm, twenty-one distinctive branches still under state control, was separated from the parent institution to become Unibanka. Since this inauspicious beginning Unibanka has become the leading commercial bank in Latvia, boasting of a wide range of domestic clients and stable international partners. Since December 1997 Unibanka's shares have been listed on Europe's most important stock market - the London Stock Exchange. Also, shares belonging to the Latvian Privatisation Agency were successfully floated in the GDR (Global Depository Receipt) international capital trading program. Unibanka's GDR was the first Latvian security released in international markets and Unibanka is the first corporation in the Baltics with shares issued in the London Stock Exchange. Unibanka's shares currently are listed through the "SEAQ International" and PORTAL systems on the London and Berlin Stock Exchanges.