Latvijas pasta banka

Facts about the bank

Year 2016

January – the stock capital of Latvijas pasta banka is increased to EUR 13,000,000.00

Year 2015

January – the stock capital of Latvijas pasta banka is increased to EUR 11,715,100.00

June – the profit of the Bank for the first half of 2015 reaches 2.1 million euros

June – the representatives of the Bank take part in the INTAX EXPO RUSSIA conference in Moscow

July – the stock capital of Latvijas pasta banka is increased to EUR 12,000,000.00

September - a one-man exhibition of the artist Alla Dze is organised in honour of the seventh birthday of Latvijas pasta banka.

October – the profit of the Bank by the third quarter of 2015 reaches 3.4 million euros

October – Latvijas pasta banka organises an international seminar for the agents of the Bank

November – New DigiPass code calculators are introduced for convenient and safe use of the Internet-banking

December - The number of employees of the bank has increased by 15% during the year.

Year 2014

April - new member is elected to the Board of the Bank - Yuri Svirchenkov

December - the Bank participates in charity event together with the organization "Dr.Klauns", donating money for medical clownery development in Latvia and inviting Bank's clients and partners to join the cause 

Year 2013         

May – we open the new head office of LPB: Brīvības str. 54

July - LPB introduces the new brand image. The bank's new logo includes the abbreviation LPB and the full name of the bank – Latvijas pasta banka. The new image is more easily perceived by foreign partners and symbolizes a new stage in development of the bank

September – LPB is celebrating its 5th anniversary

December - 2013 has been concluded with a profit of 1,643 million. EUR


Year 2012


February - Latvijas pasta banka starts its cooperation with Interactive Brokers LLC (USA) in the area that provides financial instruments services

June - Latvijas pasta banka opens correspondent accounts at JSC "Rietumu banka"

August - Latvijas pasta banka starts to a provide new service – "Phone banking"


Year 2011 

January - a new customer service center is opened in the city center, Lacplesa Street 41

March - charges for transactions with financial instruments enter into force

June - Latvijas pasta banka offers a new service to its customers - Factoring

July - Latvijas pasta banka starts the cooperation with Morgan Stanley in the area that provides financial instruments services

September - Latvijas pasta banka becomes a member of the Association of Latvian Commercial Banks

October- Latvijas pasta banka opens a correspondent account in EUR at Raiffeisen Bank


Year 2010 

February - Latvijas pasta banka becomes a Principal member of VISA Europe

March - the customer service center "Katlakalna" moves to new and spacious premises

May - Latvijas pasta banka successfully completes the certification process for payment cards acquiring and installs the first POS terminals

May - Latvijas pasta banka's new Payment regulations enter into force

September - Latvijas pasta banka successfully completes the certification process for payment cards acquiring in VISA International payment system

September - Latvijas pasta banka offers a new service - to receive SMS on a mobile phone about changes in account balance

September - Latvijas pasta banka becomes a member of TARGET2 system

September - Latvijas pasta banka offers a new service – Internet acquiring

November – Latvijas pasta banka opens a correspondent account in EUR at Raiffeisen Bank

Year 2009 

January - Latvijas pasta banka becomes a member of the MasterCard payment cards system

March - Latvijas pasta banka signs a contract with the manufacturer and supplier of payment cards, one of the world leaders in the area — Gemalto

April - Latvijas pasta banka confirms its credit card design with MasterCard, and starts the production of its cards

May - Latvijas pasta banka signs the US PATRIOT ACT

June - the Bank's electronic payment system - E-PASTABANKA, is launched

June - Latvijas pasta banka opens a correspondent account in RUR, USD and EUR at Promsvyazbank

July - Latvijas pasta banka opens a correspondent account in BYR at Belgazprombank

August - The Bank issues the first payment cards to its employees

August - Latvijas pasta banka opens a correspondent account in EUR at Deutsche Bank AG

August - The Bank signs a cooperation agreement with Latvijas Hipotēku un zemes banka

August - Latvijas pasta banka signs the first contracts with the Bank's partners within the Customer Loyalty Program

September - Latvijas Pasta banka opens a correspondent account in JPY 


Year 2008 

September - the Financial and Capital Market Commission issues the banking license to Latvijas pasta banka

November - correspondent accounts in EUR and USD for Latvijas Pasta banka are opened at DRESDNER BANK AG, Frankfurt am Main

December - Latvijas pasta banka is connected to SWIFT financial system, as well as to CHIPS (Latvian - S.A.M.S.) and ECL (Latvian - E.K.S.) systems

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