LPB Bank concludes 2023 with stable financial results and strengthens its position in the FinTech sector
11.03.2024.


In 2023, LPB Bank (from now on – the Bank) closed the year with stable financial results, ending with a profit of 423 thousand euros and high capital adequacy and liquidity ratios – 34% and 179%, respectively. The past year was significant for changes for the Bank. At the end of the year, Signet Bank […]

Read more
Understanding CESOP: the European strategy for combating VAT fraud in e-commerce
21.02.2024.


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 […]

Read more
Mortgage interest rate compensation for existing borrowers
31.01.2024.


By the Consumer Rights Protection Law amendments, mortgage borrowers who meet the criteria specified by the law will receive compensation for the mortgage interest payments made in 2024. The State Revenue Service will disburse the compensation for the first quarter of 2024 until April 30, 2024. The Bank will inform the mortgage borrowers about the […]

Read more
Report on commission fees related to the Current Account
22.01.2024.


We hereby inform you that the Report on commission fees related to the Current Account for the period 01.01.2023 – 31.12.2023 has been prepared for Clients (Private Individuals). The Report can be viewed in the Internet bank (Profile – Profile settings – Report of withheld fees). The information is only prepared for those accounts where […]

Read more
Working hours of LPB Bank during holidays
20.12.2023.


We hereby inform you that due to the holidays, the working hours of the Bank will be changed: We remind you that the Bank can be visited only by appointment. Wishing you happy holidays! Yours LPB Bank

Read more
LPB Bank concludes shareholder change transaction
12.12.2023.


After receiving approval from the Bank of Latvia and the European Central Bank, as well as the consent of the Competition Council, the transaction was completed on December 11, 2023, in which the previous sole shareholder of JSC “LPB Bank”, “Mono” Ltd, sold all its shares to the local investment bank JSC “Signet Bank”. As […]

Read more
LPB Bank сomments on the imposed fine and the concluded administrative agreement with Latvijas Banka
06.12.2023.


The JSC “LPB Bank” board informs that Latvijas Banka has published a press release about the 2 million euro fine imposed on the bank, concluding an administrative agreement. The release describes the administrative agreement concluded between Latvijas Banka and JSC “LPB Bank.” This agreement was reached considering the identified violations in the area of prevention

Read more
LPB Bank confirmed high liquidity and capital adequacy in the Q3
29.11.2023.


In the third quarter of 2023, LPB Bank demonstrated financial strength thanks to its Liquidity Coverage and Capital Adequacy. During this period, LPB Bank achieved positive results in important financial measures, thanks to the skilled and experienced team’s successful efforts to meet their strategic goals. Key financial indicators in the 3rd quarter of 2023 (unaudited): […]

Read more
S. Siņakovičs: Cooperation is always a good idea
13.11.2023.


Increasing digitalization and technological development have indeed changed the financial industry. Fintech companies play a significant role in this process, creating new and innovative products and services that are being adopted by an increasingly wide circle of customers. Cooperation between banks and fintech companies can create win-win situations for all the parties involved. “However, for [

Read more
Working hours of LPB Bank during the holiday
07.11.2023.


We hereby inform you that due to the holiday, the working hours of the Bank will be changed: We remind you that the Bank can be visited only by appointment. Wishing you a happy holiday! Yours LPB Bank

Read more
Key2LPB mobile application is now available for legal entities
24.10.2023.


Since introducing the new Key2LPB mobile application, clients have appreciated the ability to manage their finances intuitively and on the go. However, the best can constantly be improved; excellence is a process, not an endpoint. Every day, our specialists receive feedback on the application’s operation and functionality, listening to customer needs and analyzing the possibilities […]

Read more
Planned suspension of the Bank’s technological systems on October 5
03.10.2023.


We inform you that on October 5, 2023, from 18:30 to 19:30, there will be maintenance work on the bank’s technological systems. During this time, there may be interruptions in LPB Bank systems, except for card operations. We apologize for any possible inconvenience. Yours, LPB Bank

Read more
Changes in the Price list “LOANS”
28.09.2023.


Please be informed that from September 29th, 2023, changes in the Price list “LOANS” for Private Individuals will come into force: ***Except for the documentation/transactions that are coordinated according to the requirements specified in the Special conditions of the contract We invite you to get acquainted with the Price list here.

Read more
Jefims Gasels Joins the Board of LPB Bank
28.09.2023.


From September 2023, Jefims Gasels has been appointed as a Board member at LPB Bank. As a member of the LPB Bank Board, Jefims will be responsible for maintaining and developing the bank’s IT systems to promote its digital growth and efficiency. With more than 15 years of experience managing information technology projects, Jefims is […]

Read more
Changes in the Price list “TERM DEPOSIT”
28.09.2023.


Please be informed that from October 2nd, 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 2,50% 2,75% 3,25% 3,35% […]

Read more
LPB Bank Grants a Loan for the Construction of a Solar Panel Park
27.09.2023.


AS “LPB Bank” has granted a loan of 260,000 euros to SIA “Benūžu Enerģija” to establish a solar panel park. This funding covers 75% of the total project budget. The repayment term of the financing is projected to be 15 years, with an anticipated electricity output of 410,622 kWh per year. In 2023, in collaboration […]

Read more
LPB Bank payment cards in Belarus may be restricted
15.09.2023.


LPB Bank informs that, in light of international financial sanctions, the further use of payment cards issued by LPB Bank in Belarus may be restricted. Please consider this information when planning to use your cards for transactions or withdrawing cash from ATMs in Belarus. Furthermore, we warn that there may be issues with executing payments […]

Read more
Happy 15th anniversary to LPB Bank!
05.09.2023.


Time has flown by quickly, but each year has been a step forward on our collective journey toward financial well-being. Over the years, we have become more than just a bank – a reliable partner for our clients and associates who aim for financial stability and success. Our journey in FinTech and E-commerce embodies innovation, […]

Read more
LPB Bank concluded Q2 with a profit of EUR 0.97 million
28.08.2023.


In the second quarter of 2023, LPB Bank achieved positive results in all key financial indicators. The Bank’s success is attributed to an experienced and competent team working to realise strategic goals. Key financial indicators in the 2nd quarter of 2023 (unaudited): Robert Christian Schoepf, Chairman of the Board at LPB Bank: “Continuing to pay […]

Read more
Changes in the Price list “CURRENT ACCOUNT”
10.08.2023.


Please be informed that from August 14th of 2023, changes in the Price list “CURRENT ACCOUNT” will come into force: Bank statement for Legal entities (Domestic): Bank statement for Legal entities (EEA and Foreign): Bank statement for Private individuals (Domestic, EEA and Foreign): We invite you to get acquainted with the Price list here.

Read more
Changes in the Price list “TERM DEPOSIT”
10.08.2023.


Please be informed that from August 11th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 2,25% 2,50% 3,00% […]

Read more
LPB Bank supports the dance group “Lāčplēsis”
04.07.2023.


We are delighted to announce that LPB Bank supports the dance group “Lāčplēsis”, an active Latvian Song and Dance Festival participant and a respected representative of our cultural heritage. “Lāčplēsis”, which began its activities back in 1965, is deeply connected with the myths and legends of its native Lielvārde. Like the national epic hero, this […]

Read more
LPB Bank working hours on July 10th
29.06.2023.


We want to inform you about working hours during the XXVII Nationwide Latvian Song and XVII Dance Festival: Please note that LPB Bank operates on an appointment-only basis, so we kindly remind you to schedule an appointment before visiting the bank to ensure dedicated assistance and a seamless banking experience. We wish you a joyful […]

Read more
Changes in the Price list “TERM DEPOSIT”
21.06.2023.


Please be informed that from June 22nd of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 1,85% 2,25% 2,75% […]

Read more
Artificial Intelligence in Service of Banks: The Experience of LPB Bank
20.06.2023.


After the successful launch of the Chat GPT 4.0 chatbot by OpenAI at the beginning of 2023, many businesses started testing the tools provided by artificial intelligence and the areas of their application. Artificial intelligence is an excellent assistant but not a full-fledged employee, and it is unlikely to become one, according to Anton Baltin, […]

Read more
Financial expert: the economy is accustomed to money printing
19.06.2023.


“May you live in interesting times.” This phrase is usually attributed to Confucius, but we will never know whether he said it. However, we have learned what it is like to live in times of change when humanity experiences one unprecedented crisis after another brought about by the Covid-19 pandemic, the war in Ukraine instigated […]

Read more
LPB Bank working hours during the Midsummer holiday
15.06.2023.


We want to inform you about working hours during the Midsummer holiday period: Please note that LPB Bank operates on an appointment-only basis, so we kindly remind you to schedule an appointment before visiting the bank to ensure dedicated assistance and a seamless banking experience. We wish you a joyful and memorable Midsummer celebration!

Read more
LPB Bank concludes Q1 with profit – capital and reserves grow by 5.6%
12.06.2023.


In the first quarter of 2023, LPB Bank confirmed its reliability and efficiency, demonstrating positive results across all key financial indicators. The bank’s success is due to the activities of experienced and competent management, purposefully working towards the implementation of strategic goals, as well as thanks to the work of the entire bank team. This […]

Read more
Changes in the Price list
01.06.2023.


Please be informed that from June 5th of 2023, changes in the Price list “LOANS” for private individuals (Domestic) will come into force: Description Existing Bank clients New Bank clients Consideration of application Free of charge Free of charge We invite you to get acquainted with the Price list here. Yours, LPB Bank

Read more
May 29th has been announced as a holiday in honor of the high achievement of the Latvian hockey team
29.05.2023.


We would like to inform you that due to the Latvian national hockey team’s winning the Bronze Medal at the 2023 IIHF Ice Hockey World Championship, May 29th has been designated as an official celebration day. Congratulations to the Latvian hockey team on their magnificent accomplishments at the World Championship! All payments are processed in […]

Read more
Changes in the Price list “TERM DEPOSIT”
25.05.2023.


Please be informed that from May 29th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 1,50% 2,10% 2,50% […]

Read more
Changes in the Price list “TERM DEPOSIT”
10.05.2023.


Please be informed that from May 15th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 1,30% 1,55% 2,00% […]

Read more
LPB Bank CEO: “Being a small bank is a big advantage.”
05.05.2023.


“In the morning, I have an idea. During the day, we discuss it with colleagues, and we can start implementing it the next day. Every day I go home satisfied because I know I’m working for results.” Only a few executives can afford the luxury of such flexibility and efficiency. But for Robert Schoepf, Chairman […]

Read more
Changes in the Price list
27.04.2023.


Please be informed that from May 1st of 2023, changes in the Price list “CASH OPERATIONS” for legal entities (Domestic, EEA, Foreign) will come into force: 1. Cash withdrawal1 1.1. EUR2 0,5% of the amount, min. 10 EUR   1.2. Additional fee for cash withdrawal without a previous reservation  0,5% of the amount paid EUR within […]

Read more
Working hours of LPB Bank during holidays
26.04.2023.


We hereby inform you that due to the holidays, the working hours of the Bank will be changed: We remind you that the Bank can be visited only by appointment. Happy holidays! Yours, LPB Bank

Read more
Attention! Fake emails in the name of LPB Bank
24.04.2023.


We would like to draw your attention to the fact that scammers in the financial sector have become active, using the name LPB Bank to carry out their criminal activities. LPB Bank clients may receive fraudulent emails with information about a payment. This email’s attachment contains a link to a website where personal information can […]

Read more
LPB Bank supports the European Olympiad of Experimental Science
14.04.2023.


To stimulate interest in natural science in secondary school pupils, the European Olympiad of Experimental Science (EOES) for 15–17-year-olds is held annually across more than 20 European countries. Latvia has participated in the EOES for more than 15 years with good results. The Rīga Stradiņš University organises the Olympiad in Latvia in cooperation with the […]

Read more
Working hours of LPB Bank during Easter
31.03.2023.


We hereby inform you that due to Easter, the working hours of the Bank will be changed: We remind you that the Bank can be visited only by appointment. Happy Easter! Yours, LPB Bank

Read more
LPB Bank closes 2022 with a profit of EUR 1,31 million and publishes an audited annual report
28.03.2023.


Thanks to an accurately defined strategy for LPB Bank (the Bank) – i.e. an orientation towards businesses that provide e-commerce services, alongside successful cooperation with fintech and start-up companies – the Bank is growing stronger each year. We are happy to have had many new companies choose the e-commerce services the Bank offers and pivot […]

Read more
Changes in the Price list “TERM DEPOSIT”
22.03.2023.


Please be informed that from March 27th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1Y 2Y 3Y 5Y EUR 5 000 1,20% 1,40% 1,75% 2,00% 2,50% 2,75% 2,50% […]

Read more
LPB Bank blog
15.03.2023.


You are welcome to read LPB Bank blog. By reading and engaging with blog, businesses can stay informed about the latest trends and developments in the fintech and banking industry, learn from the experiences of others, and gain new insights and perspectives on how to improve operations. Stay informed and competitive in today’s rapidly changing […]

Read more
Transfers between client accounts via Internet bank
14.03.2023.


LPB Bank, as a technological and modern bank, attaches the utmost importance to the development and modernization of the Internet bank. Starting from March 15, 2023, clients can make transfers between their accounts in the Internet bank without confirmation with a one-time security code or the Key2LPB mobile application. Yours, LPB Bank

Read more
What are segregated bank accounts, and who needs them?
09.03.2023.


Segregated bank accounts are helpful for all businesses, but particularly those bound by strict regulations, such as investment funds, insurance companies, brokers and payment service providers – in other words, modern FinTech players. A payment institution cannot secure a financial service provider’s license without maintaining segregated accounts. How does it work?  Imagine a triangular arr

Read more
LPB Bank implements secure electronic signature as a new authentication tool
02.03.2023.


Starting from March 1, 2023, LPB Bank has introduced a new electronic authentication tool for individuals – secure electronic signature. A secure electronic signature is a signature for electronic documents. A document signed with it has the same legal force as a hand-signed paper document. LPB Bank clients can use the secure electronic signature to […]

Read more
Changes in LPB Bank Price list
22.02.2023.


Please be informed that from March 1st of 2023, changes in the Price list “BROKERAGE SERVICES” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: 1. Stocks1(Classic Brokerage 4) Market Brokerage services2 DVP/RVP 3 Safekeeping (monthly) 6 1.1. EEA countries 0.3%min 30 EUR 30 EUR 0.025% 1.2. Baltic markets(NASDAQ OMX Baltic) 0.5%min 30 EUR 3

Read more
LPB Bank financing is contributing to the construction of a residential building with a view of the Daugava in Ogre
21.02.2023.


LPB Bank has issued a loan of EUR 1.08 M towards developing a six-story apartment building in Ogre. The project is being implemented by construction company SIA Dienvidu celtnieks, which has many years of experience developing panel-based multi-tenement housing. The company has implemented projects in Riga, Liepaja, Ogre, Salaspils and elsewhere, including building social houses. The

Read more
LPB Bank releases update to Medoro e-merchant portal
07.02.2023.


As a part of developing in-house technological solutions and information systems for e-commerce, LPB Bank continues to improve the functionality and visual appearance of Medoro – the portal for e-merchants. The Bank continuously tracks the needs and expectations of entrepreneurs working in e-commerce businesses and implements state-of-the-art secure website technologies and solutions that

Read more
LPB Bank profit in the 4th quarter reached EUR 2.39 M
07.02.2023.


LPB Bank has compiled its operational reporting at the end of the 4th quarter of 2022. All the Bank’s key operational and commercial performance indicators are at a good and stable level. The Bank continues to develop proactively, focusing on e-commerce and lending services while also developing successful cooperation with the fintech sector. The efficiency […]

Read more
The LCCI webinar: “The creation of a FinTech company in Latvia: challenges and development”
27.01.2023.


We invite you to participate in the LCCI webinar: “The creation of a FinTech company in Latvia: challenges and development”, which will be led by Stanislavs Siņakovičs, Head of the Business Development Department at LPB Bank. When establishing a company and/or obtaining a license, FinTech companies often need help finding a bank or financial institution […]

Read more
LPB Bank issues financing for the reconstruction tennis club in Jelgava
25.01.2023.


LPB Bank provided a loan of 310 thousand euros for the reconstruction project of the tennis club, within the framework of which a hangar and four tennis courts with a hard surface complying with international standards have already been built. The new facilities were constructed in December 2022, and now the club is ready to […]

Read more
Challenges in E-commerce: the battle for conversion
20.01.2023.


At the end of the day every entrepreneur wants to see how much profit they’ve made. In the world of e-commerce, nothing beats conversion when the client acts on your marketing appeal – unless a visitor buys something, is there any point in carrying on? At a time when the cost per attracted buyer keeps […]

Read more
Report on commission fees related to the Current Account
19.01.2023.


We hereby inform you that the Report on commission fees related to the Current Account for the period 01.01.2022 – 31.12.2022 has been prepared for Clients (Private Individuals). The Report can be viewed in the Internet bank (Profile – Profile settings – Report of withheld fees). The information is only prepared for those accounts where […]

Read more
Changes in the Price list “TERM DEPOSIT”
11.01.2023.


Please be informed that from January 16th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 6 m 9 m 1Y 2Y 3Y 5Y EUR 5 000 0,80% 1,00% 2,00% 2,20% 2,40% 2,50% Currency Minimum deposit amount 6m […]

Read more
A new version of LPB Bank General Terms of Service
04.01.2023.


We inform you that on December 15, 2022, a new version of LPB Bank General Terms of Service (hereinafter – GTS) was approved, which will enter into force on March 15, 2023. In the new version of the GTS: We invite you to get acquainted with the changes here. You can find the new GTS […]

Read more
LBP Bank mission is to provide a one-stop service to fintech
02.01.2023.


LPB Bank stands out against the background of the banks of the Baltic banking market with its financial and technological solutions, which are already successfully used by fintech companies, and the constant development of the technologies. The bank’s mission is to provide a full range of services to companies in the fintech industry soon, notes […]

Read more
Working hours of LPB Bank during holidays
20.12.2022.


We hereby inform you that due to the holidays, the working hours of the Bank will be changed: We remind you that the Bank can be visited only by appointment. Wishing you happy holidays! Yours LPB Bank

Read more
From adaptation to transformation and empathy. What’s new in personnel management?
12.12.2022.


You may have heard this question – what do those people in Human Resources do? Some erroneously believe they only hire and fire staff, adjusting compensation from time to time. HR management is an organisation’s essential driver and change agent, tasked with corporate culture, employee well-being and growth. Here to talk about key trends in […]

Read more
LPB Bank profit in the third quarter reached 3.1 million euros
22.11.2022.


In the third quarter of 2022, all the key financial indicators of LPB Bank point to the stable and efficient operation of the Bank. Implementing the Bank’s strategy and the professional work of the entire team made it possible to make a profit of 3.1 million euros. Key financial highlights of LPB Bank for the […]

Read more
For every 20 EUR spent LPB Bank will donate 3 cents to protect the Baltic Sea
21.11.2022.


Donating to a charity without substantial donation, how is that possible? It’s easy, we’ll do it for you because sustainability is very important for LPB Bank and Mastercard. Our future and the future of the Baltic Sea are inextricably linked. It’s surrounded by nine countries that are home to more than 85 million people and […]

Read more
Changes in LPB Bank Price list
09.11.2022.


Please be informed that from November 11th of 2022, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 6m 9m 1Y 2Y 3Y 5Y EUR 5 000 0,60% 0,75% 1,60% 1,80% 2,00% 2,00% Currency Minimum deposit amount 6m 9m 1Y 2Y […]

Read more
Working hours of LPB Bank during the holiday
09.11.2022.


We hereby inform you that due to the holiday, the working hours of the Bank will be changed: We remind you that the Bank can be visited only by appointment. Wishing you a happy holiday! Yours LPB Bank

Read more
LPB Bank supported the Children’s Hospital Foundation
25.10.2022.


Continuing the tradition of seven years ago, LPB Bank is also cooperating with the Children’s Hospital Foundation this year. Helping to improve the quality of services at the Children’s Clinical University Hospital, the Bank donated funds to purchase baby scales and video surveillance cameras. Comments Liene Dambiņa, Chairwoman of the Board at CHF: “We are […]

Read more
LPB Bank: the FinTech industry in Latvia has great potential but requires decisive action
12.10.2022.


The FinTech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent forum held by the Financial and Capital Markets Commission (FCMC) and the Investment and Development Agency of Latvia (LIAA), with LPB Bank as one of the participants Staņislavs Siņakovičs, Head of Sales and Regional Development […]

Read more
Changes in the LPB Bank Price list
28.09.2022.


Please be informed that from October 17th of 2022, changes in the Price list will come into force: “LOAN” for individuals (Domestic, EEA, Foreign): Review, approval and/or execution of a client’s transaction with third parties*** – 600 EUR*** Except for the documentation/transactions that are coordinated according to the requirements specified in the Special conditions of the [&h

Read more
Changes in LPB Bank Price list
14.09.2022.


Please be informed that from September 15th of 2022, changes in the price list will come into force: “Safe deposit box” for legal entities (Domestic, EEA, Foreign): Penalties: For one or both lost key – 200 EUR; Forced opening of the Safe – 200 EUR. From November 15th of 2022, changes in the price list will […]

Read more
Attention! How not to get caught on fake e-mails on behalf of LPB Bank
07.09.2022.


We draw your attention to the fact that financial fraudsters have become active and, among other things, use the name of LPB Bank in committing their crimes. LPB Bank clients may receive fake (phishing) e-mails stating that access to the Internet bank is restricted due to outdated personal data. These e-mails contain a link to […]

Read more
Changes in the LPB Bank Price list
31.08.2022.


Please be informed that from September 1st of 2022, changes in the price list will come into force: From November 1st of 2022, changes in the price list will come into force: We invite you to get acquainted with the new price list here.

Read more
LPB Bank takes over PrivatBank consumer loan portfolio “airBaltic Pilot Academy”
30.08.2022.


LPB Bank has taken over the PrivatBank credit portfolio of private individuals with consumer loan agreements issued to students of the “airBaltic Pilot Academy” total of 743 thousand euros. In August, all PrivatBank clients whose liabilities are included in the loan portfolio “airBaltic Pilot Academy” were informed about the new payment procedure. On 16 August, […]

Read more
LPB Bank will stop executing payments to and from Russia and Belarus
30.08.2022.


As the volume of sanctions directed against Russia and Belarus, as well as citizens and companies of this country increases, we inform you that from November 1, 2022, LPB Bank will completely stop the execution of any currency payments to and from Russia and Belarus. Incoming and outgoing payments from Russia and Belarus will be […]

Read more
LPB Bank profit in Q2 reached 1.6 million euros
23.08.2022.


In the 2nd quarter of 2022, all the key financial indicators of LPB Bank point to the stable and efficient operation of the Bank. Implementing the Bank’s strategy and the professional work of the entire team made it possible to make a profit of 1.6 million euros. Key financial highlights of LPB Bank for the […]

Read more
LPB Bank issues regular updates to the mobile app Key2LPB
18.08.2022.


Since the release of the mobile app Key2LPB, clients have expressed appreciation for the intuitive, simple and portable access to their finances it provides. However, what is good can always be made better, and excellence is a journey rather than a destination. Our experts gather client opinions about the app’s features and performance and our […]

Read more
LPB Bank unveils remote account opening option
29.07.2022.


LPB Bank continues to invest in developing technological solutions, not only as a driver for the increased efficiency and automation of the bank’s internal processes but also for attracting new clients. As of July 2022, LPB Bank can register a client and open a current account for them remotely, from anywhere in the world. The […]

Read more
Baiba Preise has been appointed the Chief Risk Officer of LPB Bank
14.07.2022.


To comply with the requirements of Regulations Nr. 227 of the Financial and Capital Market Commission “On Establishment of the Internal Control System”, on 13 July 2022, Baiba Preise has been appointed the Chief Risk Officer of LPB Bank. Baiba worked in leading risk management positions in the finance industry for over 10 years. B. […]

Read more
Changes in LPB Bank management
14.07.2022.


On 13 July 2022, changes were made to the composition of the Board of LPB Bank. Alda Odina was newly elected as a Member of the Board. Alda will supervise the area of AML/CTPF organisation and monitoring. Before her appointment to the Board of the Bank, Alda worked in leading positions in the Reģionālā investīciju […]

Read more
How to Enter a New Market Faster as a FinTech Company
12.07.2022.


By now, most of us are tired of reading about how many industries have been wiped out or troubled by the pandemic. However, some sectors have since rebounded and are even displaying growth. In FinTech, 2021 was a record year for investments – 132 billion dollars across the board, according to marketing analytics firm CB […]

Read more
LPB Bank provides a full range of services to fintech
08.07.2022.


LPB Bank has established the necessary infrastructure to provide a one-stop service to fintech companies. The bank has sufficient experience to help businesses launch smoothly and quickly while complying with the applicable legal and financial requirements and conditions. In the wake of the Covid‑19 pandemic, the fintech industry has grown significantly, boosting demand for relevant […]

Read more
LPB Bank supported the opening of the art exhibition and the publication of the book
27.06.2022.


A personal exhibition “Art of Gipsy” by Ornella Rudevich, the granddaughter and successor of the world’s first Roma artist and poet Kārlis Rudevičs, has opened at the Digital Art House. LPB Bank supported the opening of this exhibition and the publication of the book “Art of Gipsy”. Absolutely unlike anything else, the exposition combines large-scale […]

Read more
Suspension of the Key2LPB mobile app
22.06.2022.


We inform you that this week the LPB Bank mobile app Key2LPB is being modernized. Therefore, interruptions in the app’s operation are possible. LPB Bank apologizes to its clients for the inconvenience. Yours LPB Bank

Read more
LPB Bank comments on its operational plans
01.06.2022.


LPB Bank has responded to the LETA publication dated 01.06.2022 regarding the Bank’s ability to carry on operations, confirming that it is in close cooperation with the Financial and Capital Markets Commission (FCMC) and regularly, once per day, reports on deposit dynamics and on its overall financial situation. Such supervision of financial performance is nothing […]

Read more
LPB Bank issues regular updates to Internet bank and mobile app
31.05.2022.


Since the release of the mobile app Key2LPB, clients have expressed appreciation for the intuitive, simple and portable access to their finances it provides. However, what is good can always be made better, and excellence is a journey rather than a destination. Our experts gather client opinions about the features and performance of both the […]

Read more
Financial statement for the 1st quarter of 2022
24.05.2022.


In the first quarter of 2022, all key financial indicators of LPB Bank reflected the stable and efficient operation of the Bank. The implementation of the Bank’s strategy and the professional work of the entire team made it possible to make a profit of 1.4 million euros, which is 61.42% higher than in the corresponding […]

Read more
LPB Bank financed the revival of a historic hotel in Liepāja
13.05.2022.


LPB Bank provided financing for the renovation of Art Hotel Roma, a Liepāja legend formerly known as Hotel De Roma. The bank provided over 1 million euros in financing. The design concept for Art Hotel Roma is a combination of the ancient and the modern. The hotel’s building was erected in 1882 according to a […]

Read more
Chief Risk Officer of LPB Bank left his position
09.05.2022.


On May 6, 2022, Arnis Kalveršs ceased to act as Chief Risk Officer and Member of the Management Board of LPB Bank. The Bank would like to thank A. Kalveršs for his contribution to the Bank’s long-term growth and risk management. We wish A. Kalveršs success in his further professional achievements!

Read more
LPB Bank provides more than five million euros in financing for a woodworking plant
06.05.2022.


Over the course of the extended cooperation, LPB Bank has granted financing to a client’s wood processing companies SIA “BS-HOLZ” and SIA “GBM” totalling more than five million euros, which has enabled the establishment and refurbishment of an innovative woodworking plant, along with purchasing of production equipment. In cooperation with AS “Latvijas valsts meži”, the […]

Read more
Changes in LPB Bank management
03.05.2022.


On 28 April 2022, changes were made to the composition of the Council of LPB Bank. Aleksandr Plotkin, a Member of the Council, left his position. Yefim Gasel was newly selected as a Member of the Council. Yefim Gasel is an Information Technology Project Manager with over 15 years of experience. Currently, he is the […]

Read more
Working hours of LPB Bank during holiday
28.04.2022.


We hereby inform you that due to the holiday, the working hours of the Bank will be changed: On May 3rd – from 9 a.m. to 5 p.m. On May 4th – the holiday We remind you that the Bank can be visited only by appointment. Happy holiday! Yours LPB Bank

Read more
Successful cooperation between LPB Bank and Oranžnami
21.04.2022.


The Ziepniekkalns neighbourhood is about to receive a residential infrastructure boost – a new grocery store on Ozolciema iela 16/4 is opening its doors to shoppers in early May. The project was implemented as part of the cooperation between ORANŽNAMI, a real estate developer, and LPB Bank, which has been a powerful player at the […]

Read more
A Bank geared toward sustainable development
19.04.2022.


The global trend of decarbonisation, implementation of eco-friendly standards in production and corporate social responsibility is leading us to the realisation that market players that disregard these factors will present an excessive risk for the environment and for the financial sector in general if it fails to adjust. Sustainable development is gradually becoming part of […]

Read more
LPB Bank starts providing instant payments
13.04.2022.


Continuing to develop and expand the range of digital services for both FinTech and e-commerce clients, LPB Bank has joined the European Instant payment scheme or Sepa Instant Credit Transfer scheme. LPB Bank is the eighth bank in Latvia that provides instant payments to its clients 24 hours a day, 7 days a week, 365 […]

Read more
Changes in the Price list
11.04.2022.


LPB Bank continues to ensure the processing of payments to clients, observing all rules and guidelines. Please be informed that due to the significant increase in the amount of manual work of payment processing, the changes in the Price list will be introduced, which will affect the incoming and outgoing payments of legal and individuals […]

Read more
Working hours of LPB Bank during Easter
08.04.2022.


We hereby inform you that due to Easter, the working hours of the Bank will be changed: On April 14th – from 9 a.m. to 5 p.m. On April 15th – the holiday On April 18th – the holiday We remind you that the Bank can be visited only by appointment. Happy Easter! Yours LPB Bank

Read more
Currency exchange services and non-cash transactions
28.03.2022.


Please be informed that from March 29, 2022, LPB Bank ceases to provide cash currency exchange services. Cash transactions will only be available in the euro currency from now on. Non-cash transactions to other currencies will be available in your Internet bank. Your LPB Bank

Read more
LPB Bank closes 2021 with a profit of EUR 5.5 million and publishes an audited annual report
23.03.2022.


Thanks to an accurately defined development strategy of LPB Bank, namely, the focus on companies that provide e-commerce services, alongside successful cooperation with fintech companies and start-ups, the Bank is growing stronger every year. We are pleased with the more and more new companies that decided to use the platform offered by the Bank for […]

Read more
LPB Bank launches new mobile app “Key2LPB”
21.03.2022.


Implementing the digital development strategy, LPB Bank has developed the mobile application “Key2LPB”, which will make the daily cooperation of clients with the Bank and the use of banking services safer, more convenient, faster and much more accessible. Currently, the mobile application is intended for clients – individuals, and it is possible to use it […]

Read more
Changes in General Terms of Service
01.03.2022.


We hereby inform you that the new version of the General Terms of Service (GTS) of LPB Bank was approved on February 24th, 2022. The GTS were supplemented by the rules of the Bank’s mobile application Key2LPB. We invite you to get acquainted with the changes here. The new GTS version can be found here. […]

Read more
Payment modules for OpenCart, Prestashop, WordPress and Magento platforms
18.02.2022.


LPB Bank clients who conduct their business online or plan to open an online store can now use the latest OpenCart, Prestashop, WordPress and Magento website payment modules to acquire payments. Available payment methods include accepting VISA and Mastercard payment cards and Apple Pay integration. The main advantages of LPB Bank payment modules are receiving […]

Read more
Financial statement for the 4th quarter of 2021
11.02.2022.


LPB Bank summed up the results for the end of the 4th quarter of 2021. All the Bank’s key operational and commercial performance indicators are at a good and stable level. The efficiency of the Bank’s business model, the active development of the Bank’s strategy, and the professional work of the entire team contributed to […]

Read more
Changes in Price list
03.02.2022.


We hereby inform you that from February 2nd of 2022 changes in the rates “Payments” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: 3. Additional services 3.7. Holding a returned payment made to a non-existent account in a transit account until demanded: 0.5%min 50 EUR/per day We invite you to […]

Read more
Report on commission fees
27.01.2022.


We hereby inform you that the Report on commission fees related to the Current Account for the period 01.01.2021 – 31.12.2021 has been prepared for clients-private individuals. The Report can be viewed in the Internet Bank (Profile – Profile settings – Report of withheld fees). The information is only prepared for those accounts where commission […]

Read more
LPB Bank Provides Essential Support to CCUH
22.12.2021.


LPB Bank is supporting the development of the Children’s Clinical University Hospital (CCUH) by donating towards the purchase of a wheelchair and a procedure lamp. In continuation of a six-year tradition, LPB Bank is working with the Children’s Hospital Foundation (CHF) to improve the quality of services that the Children’s Hospital provides. CCUH has many […]

Read more
LPB Bank supports the issue of historical poem
20.12.2021.


The Bank supports the issue of Roma and Mahmudos of Gadjo, Kārlis Rudevičs’ historical poem. Thanks to the generous support of JSC LPB Bank, JSC Gaso, Ltd ITERA and others, Kārlis Rudevičs’ historical poem – epos Roma and Mahmudos of Gadjo has been published. Rudevičs’ work is a unique poetic outlook on ancient history – […]

Read more
Working hours of LPB Bank during holidays
17.12.2021.


We hereby inform that due to holiday, working hours of the Bank will be changed: On December 23th – from 9 a.m. to 5 p.m. On December 24th – the holiday On December 30th – from 9 a.m. to 5 p.m. On December 31st – the holiday We remind you that the Bank can be visited only by appointment. […]

Read more
Changes in LPB Bank Price list
03.12.2021.


We hereby inform you that from January 3rd of 2022 changes in the Price list “Loans for individuals”, “Corporate finance” and “Bank guarantee” will come into force. We invite you to get acquainted with changes: Loans for individuals: domestic, EEA and foreign Corporate finance: domestic, EEA and foreign Bank guarantee: domestic, EEA and foreign Yours […]

Read more
Financial statement for the 3rd quarter of 2021
15.11.2021.


LPB Bank 3Q 2021 profit amounted to EUR 4.9 million  LPB Bank has settled its books for the 3rd quarter of 2021: all key operational and commercial performance indicators are at a good, stable level. The effectiveness of the Bank’s business model, active pursuit of strategic objectives and the entire team’s collaborative effort have driven […]

Read more
Working hours of LPB Bank during holiday
10.11.2021.


We hereby inform that due to holiday, working hours of the Bank will be changed: On November 13th – from 9 a.m. to 6 p.m. On November 17th – from 9 a.m. to 5 p.m. On November 18th – the holiday On November 19th – the holiday We remind you that the Bank can be visited […]

Read more
Special Mortgage Offer
04.11.2021.


LPB Bank offers special mortgage rates to Jurmala Park House apartment purchasers.

Read more
Banks will remain in business
02.11.2021.


Sandis Kapitonovs, Head of LPB Bank Treasury Department What global developments have affected banking this year, and how do you think next year’s events might unfold? The primary aspect affecting everyone, not just banks, is inflation. Everyone’s inflation expectations have consistently come true. You can see it in the rising costs of resources and construction […]

Read more
Client service at LPB Bank
12.10.2021.


LPB Bank continues face-to-face service by appointment only. A face-to-face visit to the Bank will be available for clients who have a valid certificate confirming an entire course of vaccination or the fact of previous COVID-19 disease. The client needs to present the certificate along with identity documents before visiting the Bank. Such procedures are […]

Read more
About changes in the “Internet bank User Manual”
07.10.2021.


We want to inform you about changes in the “Internet bank User Manual”. We clarified information on the procedure for signing documents and resetting the password. Changes have been made to the following sections: 1.3. Changes of the First-time password1.6. Authorization to the Internet bank using the code calculator DIGIPASS3.1. Activation of Mastercard© Identity Check™3.2. […]

Read more
Mastercard LoungeKey un Flight Delay Pass
01.10.2021.


LPB Bank, in cooperation with Mastercard, offers LoungeKey and Flight Delay Pass. This international loyalty program opens the doors of business lounges of airports all over the globe regardless of the airline or the flight class. The access key is your LPB Bank payment card. Suppose you are LPB Bank Mastercard Gold, Mastercard Platinum, Mastercard Business Plus […]

Read more
Changes in LPB Bank Deposits
01.10.2021.


We hereby inform you that from October 1st of 2021, changes in the interest rates of Deposits will come into force. We invite you to get acquainted with the Deposits of LPB Bank. Yours LPB Bank

Read more
LPB Bank celebrated its 13th anniversary
13.09.2021.


Combining innovative banking services and modern IT solutions with individual services, LPB Bank offers you the benefits of professional cooperation! The Bank has been actively implementing its development strategy to provide comprehensive banking services to Latvian companies, focus on e-commerce services, and successfully develop business relations with fintech companies and startups. Our

Read more
LPB Bank new website
08.09.2021.


Dear clients and business partners, we are unveiling a new version of our website. The website was developed with state-of-the-art secure web technologies and solutions, integrating the latest trends in content architecture, ergonomics and design to make it highly convenient for smartphone and tablet users. If you are looking for a partner in e-commerce, start […]

Read more
LPB Bank: your one-stop Bank for FinTech fundamentals
07.09.2021.


Over the past year and a half, online sales saw a sharp increase, and the role played by banks became even more important. Businesses need banks that can offer a full range of services, from safekeeping of their funds to secure online transfers on the internet. The right choice of Bank means a lot. It […]

Read more
Financial statement for Q2 2021
27.08.2021.


Profit of LPB Bank in the first half of 2021 amounted to 2,48 mln euros In the 2nd quarter of 2021, essential performance and efficiency indicators of LPB Bank were on a solid and stable level, and, despite the economic downturn, the Bank was able to maintain its profit at the level of the previous year. […]

Read more
Loan to Forma Pro Films company
26.07.2021.


LPB Bank has granted a loan for business development to SIA “Forma Pro Films”, a company engaged in film production and full-cycle film and TV broadcast development – from screenwriting and cost estimates to post-production and sales organisation for both film and television. The Bank supported the company and financed its assets. SIA “Forma Pro […]

Read more
Cooperation with Latvija.lv
19.07.2021.


Listening to the needs of clients, the Bank offers convenient access to the portal Latvija.lv. From July 19th clients of LPB Bank Internet Bank can authenticate and use the services on portal Latvija.lv. The portal Latvija.lv provides quick and convenient access to the descriptions of services provided by the state institutions and municipalities and to the offered […]

Read more
Safe deposit box for only 160 EUR!
09.07.2021.


LPB Bank individual safe deposit box – a better and safer place for storing money, documents, jewelry and other valuables! ONLY 160 EUR PER YEAR – SAFE DEPOSIT BOX RENTAL FEE!* Complete confidentiality – the contents of the safe deposit are known only to the client 5 different sizes Terms: 1, 6 and 12 months […]

Read more
Changes in LPB Bank Deposits
17.06.2021.


We hereby inform you that from July 1st of 2021 changes in the Deposits will come into force: the Bank will offer to deposit funds only for 1, 2 or 3 years. Interest rates will remain unchanged. We invite you to get acquainted with Deposits of LPB Bank. Yours LPB Bank

Read more
Changes in management
16.06.2021.


On 14 June 2021, changes were made to the composition of the Council of LPB Bank. Mihail Ulman, who was deputy Chairman of the Council, left his position. Boris Ulman was newly elected as deputy Chairman of the Council, at the same time, we welcome Jūlija Kozlova as a new member of the LPB Bank […]

Read more
LPB Bank interview for Forbes magazine
28.05.2021.


Treating clients with empathy in the face of changes The pandemic has driven major changes in people’s habits and has set limits on what they can do, but the need for banking has not only endured, it has actually increased in certain niches. The new reality imposed by the virus dictates the expansion of the […]

Read more
Financial statement for the 1st quarter of 2021
12.05.2021.


In the 1st quarter of 2021, essential performance and efficiency indicators of LPB Bank were on solid and good level, despite the economic downturn caused by the pandemic. The Bank has been actively implementing its development strategy to provide comprehensive banking service to Latvian companies, focus on e-commerce services, and successfully develop business relations with fintech

Read more
Changes in LPB Bank Price list
29.04.2021.


We hereby inform you that from May 1st of 2021 changes in the Price list “Current account” for Legal entities (Domestic) will come into force: 1. Account opening, service and maintenance 1.6.    Minimum Account balance  15 EUR Please be informed that from July 1st of 2021 changes and clarifications in Price list “Current account” for […]

Read more
Safe deposit box for only 160 EUR!
13.04.2021.


LPB Bank individual safe deposit box – a better and safer place for storing money, documents, jewelry and other valuables! ONLY 160 EUR PER YEAR – SAFE DEPOSIT BOX RENTAL FEE!* Complete confidentiality – the contents of the safe deposit are known only to the client 5 different sizes Terms: 1, 6 and 12 months […]

Read more
LPB Bank financial results of 2020
31.03.2021.


Despite the serious global challenges posed by the pandemic to the country’s economy and financial sector, we are pleased with the financial results of 2020. Undoubtedly, COVID-19 left some traces in the performance of LPB Bank, but the most important financial and efficiency indicators are at a good and stable level due to the development […]

Read more
Policy “Personal Data Processing”
24.03.2021.


We hereby inform that new edition of LPB Bank Policy “Personal Data Processing” has come into effect. We invite you to get acquainted with new edition of Policy.

Read more
Interview with Head of e-commerce
03.03.2021.


Transaction quality: an essential component of an e-commerce success story “E‑commerce is developing constantly. Whenever a potential client asks why they should choose our Bank, I explain to them that our greatest strength is technical flexibility. People nowadays are very picky, they always think about where, and how, they should spend their time. I believe […]

Read more
Bank implemented MYR and MOP
02.03.2021.


 LPB Bank implemented two additional exclusive processing currencies To be ahead of the competitors, we are following e-commerce trends and are rapidly developing. Listening the wishes and requests of our clients, we have implemented two additional exclusive processing currencies – MYR (Malaysian ringgit) and MOP (Macanese pataca).  “We are ready to listen and meet the

Read more
LPB Bank supports the CCUH
24.02.2021.


LPB Bank supports the development of the Children’s Clinical University Hospital At the beginning of 2020, LPB Bank donated funds for the equipment of the new office of the Sports Medicine Center of the Children’s Clinical University Hospital in order to provide the necessary health checks for young athletes. The great news is that the […]

Read more
Changes in Price list
05.02.2021.


We hereby inform you that from February 8th of 2021 changes in the rates “Current account” for legal entities (Domestic, EEA) will come into force: 1. Account opening, service and maintenance 1.3. Current account opening for legal entities registered in the Republic of Latvia and for which insolvency or liquidation process has been initiated 200 […]

Read more
Financial statement for Q4 2020
02.02.2021.


The fourth quarter of 2020 was beneficial for LPB Bank, despite the economic slowdown caused by the pandemic. All the most important efficiency indicators and performance of the Bank’s key factors are at a good and solid level due to the implementation of the strategy chosen by the Bank, namely, the offer and development of […]

Read more
Report on commission fees
29.01.2021.


We hereby inform you that the Report on commission fees related to the Current Account for the period to 01.01.2020 till 31.12.2020 has been prepared for clients-private individuals. The Report can be viewed in the Internet Bank (Profile – Profile settings – Report of withheld fees). The information is only prepared for those accounts where […]

Read more
Payments at POS terminals
20.01.2021.


As a look back at the year 2020, LPB Bank conducted a research of payments at POS terminals installed by LPB Bank. The bank’s research shows that, since the beginning of December, there was a trend of decreasing purchases via terminals installed at points of sale and service provision – the number of transactions in […]

Read more
Use the safe deposit box for only 130 EUR!
14.01.2021.


LPB Bank individual safe storage is the best and most reliable place for placing documents and valuable items! “The Bank offer more than 400 safe deposit boxes of various sizes for storing documents, jewelry, family heirlooms and other valuable items. Convenient location of the depository in the center of Riga, as well as favorable conditions […]

Read more
LPB Bank Internet-bank is being improved
13.01.2021.


Taking into account customer requests, LPB Bank Internet-bank is constantly being improved As from January 13, the display of one-time security codes will be changed. Sent to the client’s mobile phone (iOS v12 and above) as a text message, security codes will look different in the future – in the Internet-bank as well as in the […]

Read more
Changes in the Price list
01.12.2020.


We hereby inform you that from February 2nd of 2021 changes in Rates of Brokerage services for Legal entities and Private individuals (Domestic, EEA, Foreign) will come into effect. We invite you to get acquainted with new Price list here.

Read more
LPB Bank is supporting the CCUH
01.12.2020.


LPB Bank is supporting the development of the Children’s Clinical University Hospital by donating funds for the purchase of mobile nursing workstations. The hospital will get two mobile nursing workstations which will make it easier to facilitate the provision of medical procedures near hospital beds of young patients. Following a tradition started five years ago, […]

Read more
Financial Statement for Q3 2020
19.11.2020.


The third quarter of 2020 has a business-friendly environment for LPB Bank, despite the economic slowdown caused by the COVID-19 virus. All the most important performance and efficiency indicators are at a high level, which proves the Bank’s ability to be stronger than market conditions. The Bank continues its proactive development focusing on the provision […]

Read more
Changes in LPB Bank management
30.09.2020.


We hereby inform you that from September 29th of 2020 the structure of the Council of LPB Bank has been changed. Now the Council of LPB Bank consists of four members: BIOMINS KAJEMS Chairman of the Council  MIHAILS ULMANS Deputy Chairman of the Council  ALEKSANDR PLOTKINMember of the Council  BORIS ULMANMember of the Council  Sincerely, LPB Bank

Read more
LPB Bank – 12 years
05.09.2020.


September 5th – the birthday of the Bank. For 12 years LPB Bank has been holding a stable position in the world of finance and technology. The Bank is ambitious, reliable and constantly developing to strengthen its reputation and to be the best financial partner from year to year! “Operating in an ever-changing world, LPB […]

Read more
Changes in Price list
26.08.2020.


We hereby inform you that from September 1st of 2020 changes and clarifications in Rates of Corporate financing/Legal entities will come into effect. Please be informed that from September 1st of 2020 changes and clarifications in Rates of Trade finance operations/Bank guarantees will come into effect. We invite you to get acquainted with new Price […]

Read more
Financial Statement for Q2 2020
19.08.2020.


According to the report data, the Bank’s profit has reached 2.47 million EUR. Key ratios of the LPB: Return on Equity (ROE): 16.58% Return on Assets (ROA): 2.50% We express our gratitude to our shareholders and Clients for their trust and our employees – for their contribution to the development of the Bank! You can […]

Read more
Changes in General Terms of Service
31.07.2020.


We hereby inform you that the new version of General Terms of Service (hereinafter – GTS) of LPB Bank has been approved on July 16th 2020, that will enter into force on October 1st 2020. Following the withdrawal of the United Kingdom from the European Union, the Bank will continue to apply the current interbank […]

Read more
POS solutions for your business
29.07.2020.


LPB BANK OFFERS MODERN MOBILE AND STATIONARY TERMINALS – VERIFONE! NEW GENERATION MOBILE TERMINAL V240M FOR MOBILE TRADE  Accepting payments at any selling spot Powerful processor and reliable battery Network – 3G and WIFI CONVENIENCE OF USE The terminal is immediately ready for operation  Clear interface and color LCD screen PAYMENT ACCEPTANCE Contactless function, chip

Read more
E-commerce for business in Latvia
16.06.2020.


Special offer for Latvian companies. LPB Bank offers a complex solution for Latvian companies, including all the necessary tools for online business, selling spots or off-site trading. Connect the e-commerce service and mobile/stationary terminals – now on special conditions: free e-commerce connection review and service for 3 month (accepting card payments with Mastercard, Visa, Apple

Read more
LPB Bank joins the moratorium
21.05.2020.


LPB Bank joins the temporary loan payment moratorium We would like to inform you that LPB Bank has joined the temporary loan payment moratorium for Legal entities initiated by the Finance Latvia Association, giving the opportunity to delay mortgage principal payments for up to 6 months. You can find more information about the moratorium rules […]

Read more
Financial statement for Q1 2020
19.05.2020.


According to the report data, the Bank’s profit has reached 1.73 million EUR. Key ratios of the LPB: Return on Equity (ROE): 23.58% Return on Assets (ROA): 3.58% We express our gratitude to our shareholders and Clients for their trust and our employees – for their contribution to the development of the Bank! You can […]

Read more
New procedure of Price list application
14.05.2020.


We hereby inform you that new procedure of the type of LPB Bank Price list (Domestic, EEA and Foreign Price list) application came into effect. You can find more information about changes here.

Read more
LPB Bank joins the moratorium
07.05.2020.


We would like to inform you that LPB Bank has joined the moratorium for Private individuals initiated by the Finance Latvia Association, giving the opportunity to delay mortgage principal payments for up to 12 months but leasing and consumer loan principal payments – for up to 6 months. According to the moratorium, LPB Clients (Private […]

Read more
Limit for contactless payments
30.03.2020.


We hereby inform you that from March 26th the limit for contactless payments with LPB Bank Payment cards is increased – you can quickly and safely pay for purchases in Latvia in amount up to 50 EUR without entering the PIN code, simply by holding the Payment card close to the terminal. For more information about […]

Read more
Changes in Price list
27.03.2020.


We hereby inform you that from March 30th of 2020 Premium conditions of account maintenance fee at a special price for Legal entities (EEZ and Foreign) will have the additional condition, making the Price list more accessible to a wider range of Bank’s Clients: 6. Valid and active financial instruments account We invite you to […]

Read more
LPB Bank financial results for 2019
27.03.2020.


According to the report, net profit of LPB Bank for 2019 amounted to 6.38 M EUR. In 2019 Bank’s Return on Assets (ROA) was 3.18% (in 2018 – 1.44%) and Return on Capital (ROE) amounted to 20.42% (in 2018 – 11.72%). We express our gratitude to our shareholders and Clients for their trust and our […]

Read more
Financial statement for Q4 2019
25.02.2020.


According to the report data, the Bank’s profit has reached 6.2 million EUR. Key ratios of the LPB: Return on Equity (ROE): 19.82% Return on Assets (ROA): 3.09% We express our gratitude to our shareholders and Clients for their trust and our employees – for their contribution to the development of the Bank! You can […]

Read more
Mastercard Priceless Cities
12.02.2020.


Program Priceless Cities provides many different privileges around the world. By using LPB Payment card you can get discounts for booking hotels and SPA-centers, dining, visiting museums and different events. To use the program, please sign up on the Priceless Cities home page. For more information about LPB Payment cards, please click here.

Read more
Сalendar for 2020
29.01.2020.


As usual, this year the Bank has created a calendar for LPB employees, customers and partners. We are pleased to announce that the employees of LPB Bank have taken big part in the 2020 calendar project.  “Nothing makes a woman more beautiful than the belief that she is beautiful.” –  Sophia Loren Confidence in one’s […]

Read more
Finanšu pārskats par 2019. gada 3. ceturksni
12.11.2019.


Saskaņā ar pārskata datiem, Bankas peļņa sasniedza 4.9 milj. EUR. LPB darbības radītāji: Kapitāla atdeve (ROE): 20.33%Aktīvu atdeve (ROA): 3.27% Izsakām pateicību mūsu akcionāriem un Klientiem par izrādīto uzticību, un visiem mūsu darbiniekiem – par ieguldījumu Bankas izaugsmē! Aicinām iepazīties ar finanšu pārskatu šeit.

Read more
Changes in management
07.11.2019.


We would like to inform you that starting from November 7th of 2019, structure of the LPB Bank Board will be changed – Robert Christian Schoepf will be the new Chairman of the Board. Robert Schoepf has extensive international experience. He started his professional career with Deutsche Bank AG (Munich) as an auditor. Later R. Schoepf joined […]

Read more
LPB Bank receives Mastercard award
23.10.2019.


Ar prieku paziņojam, ka starptautiskā maksājumu sistēma Mastercard ir novērtējusi LPB Bank un pasniegusi balvu “MCDS Market Shaker Award” par sasniegumiem bezskaidras naudas norēķinu apjoma palielināšanā, ieskaitot bezkontakta maksājumus, 2018./2019. gadā.

Read more
LPB Bank – 11 years
05.09.2019.


Today, on September 5th, LPB is celebrating 11 years of successful operation. Clear understanding of business, professional team and reliable partnership is the foundation that promotes continuous development and growth of LPB Bank. Over 11 years of activity, the Bank has demonstrated stable growth in various business areas, high quality of service and the best […]

Read more
LPB Bank participates in the marathon
21.05.2019.


It has already become a tradition for LPB Bank employees to participate in a large-scale running event in Latvia – Tet Riga Marathon. This year LPB team had 22 participants: 13 women and 9 men. Few sports statistics: Distance 6 km: 7 participants, the best result was 0:36:25. Distance 10 km: 9 participants, the best […]

Read more
LPB Bank supports CCUH
07.05.2019.


With support of LPB, a special teacher’s office is opened in the Children’s Clinical University Hospital. For the fourth year LPB Bank has been cooperating with the Children’s Hospital Foundation in order to support the development of the Children’s Clinical University Hospital (CCUH). On the April of 2019 the open day event for the special […]

Read more
Changes in LPB Bank management
30.04.2019.


We would like to inform you that starting from April 29th, 2019, the Board of LPB Bank consists of five members – it has been expanded by new member of the Board – Baiba Preise.

Read more
API
14.03.2019.


LPB Bank opens Bank’s Developer Portal. LPB Bank is proud to announce opening of LPB Developer Portal, a sandbox for testing LPB API. LPB Developer Portal reveals not only PSD2 (Payment Service Directive 2) compliance, but also card issuing API and e-commerce API (coming soon). Following simple registration procedure (only 3 steps), developers can get […]

Read more
LPB Bank receives the Silver level
04.03.2019.


To promote closer and more efficient cooperation with responsible taxpayers State Revenue Service has launched the expanded State and Enterprise “In-depth Cooperation Programme” or so-called “White List” with enterprises that meet the criteria for the Gold, Silver and Bronze levels. We are proud to announce that State Revenue Service has assigned LPB Bank a Silver level […]

Read more
Conference in Berlin
13.02.2019.


To strengthen cooperation with foreign partners and Clients, as well as Bank’s position in central Europe, LPB Bank takes part in the conference White Nights Berlin’19 from 12th to 13th of February. Conference gathers over 4,000 visitors and presents such companies as Facebook, Google, King, Obsidian, Supercell, Rovio, Bandai Namco, Big Fish, Wargaming, Playrix, Pixonic […]

Read more
Contactless payment cards
23.11.2018.


Following the latest market trends, LPB Bank now offers more convenient payment method – contactless Payment cards. Use the opportunity to replace existing LPB Payment card with a new contactless payment card free of charge until December 28th of 2018. With contactless Payment card the Payment card holder can pay for purchases in Latvia in […]

Read more
Changes in LPB Bank management
04.10.2018.


We would like to inform you about changes in LPB Bank’s management structure. As of October 3rd, 2018, the Board of LPB Bank consists of four members – it has been expanded by new member of the Board – Anton Kononov. It is important to note that the representation rights of the members of the […]

Read more
LPB Bank – 10 years
05.09.2018.


Today, on September 5th, LPB is celebrating 10 years of successful operation. Clear understanding of business, professional team and reliable partnership is the foundation that promotes continuous development and growth of LPB Bank. Since September 5th of 2008 we have created a European bank of international standing, with a strong team of professionals with the ability […]

Read more
LPB Bank participates in the marathon
21.05.2018.


The team of LPB Bank participates in Lattelecom Riga Marathon. It has already become a tradition for LPB Bank employees to participate in a large-scale running event in Latvia – Lattelecom Riga Marathon. This year our team has 19 colleagues: 14 women and 5 men. Few sports statistics: Distance 6 km: 8 people participated. The […]

Read more
OECD CRS in Latvia
26.04.2018.


We hereby inform you that the number of countries that have joined the Global Common Reporting Standard (CRS) for automatic exchange of financial accounts information of the Global Organisation for Economic Co-operation and Development (OECD) has increased. Latvia has joined the group of adopters of the OECD CRS and to ensure compliance with the requirements […]

Read more
Mastercard© Identity Check™
25.04.2018.


In order to ensure additional security of purchases and payments on Internet, from May 15th of this year, the Bank introduces Mastercard © Identity Check ™.  This is an additional security layer for online credit and debit card transactions. Starting from April 26th, you can connect your payment card to the Mastercard © Identity Check ™ […]

Read more
Donation to CHF
04.01.2018.


For the third year LPB Bank has been cooperating with the “Children’s Hospital Foundation” in order to support the development of the “The Children’s Clinical University Hospital”. Assessing the current needs of the CHF, we have made the donation for purchasing chairs in the Department of Onco-Hematology – for patients undergoing chemotherapy. Sharing responsibility for […]

Read more
The Bank changes its name
15.12.2017.


AS Latvijas pasta banka changes its name, becoming AS LPB Bank (LPB). In 2018, Latvijas pasta banka (LPB) marks its 10th anniversary. Since 2008, the bank has come a long way growing and developing to provide high-quality and modern services to its clients. There are more than 200 qualified specialists currently working at the bank. […]

Read more
The art exhibition „Metafora + LN336”
07.11.2017.


The art exhibition „Metafora + LN336” takes place at the Bank from November 16th to December 15th of this year. Continuing creative cooperation with the art platform ArtAlea, the Bank is pleased to announce the third joint exhibition. The idea of the exhibition was born out of thoughts about duality: two artists, representing two genres […]

Read more
New website for e-commerce services
16.10.2017.


We are pleased to announce that we have launched a new website on e-commerce services: ecom.lpb.lv. Just like the service provided, the site is modern, dynamic and convenient to use. You can easily open the site on any device – whether it’s a computer, tablet or smartphone. The menu at the top of the screen […]

Read more
Exhibitions and conferences
02.06.2017.


In May 2017 LPB representatives took part in two major exhibitions –conferences in Ukraine: “iForum” and “INTAX FORUM”. During these events we had a great opportunity to strengthen and develop cooperation with our foreign partners and clients, as well as present LPB banking products relevant to the growing financial market of Ukraine. The “iForum” conference […]

Read more
Art exhibition „ma(i)cro”
16.05.2017.


The art exhibition „ma(i)cro”, organized by art platform ArtAlea, takes place at the Bank from May 25th to June 27th of this year. We are pleased to announce the second art exhibition at our Bank hosted in cooperation with an art platform ArtAlea. The exhibition will feature recent works of artists Edmunds Lucis and Justine […]

Read more
New Internet Bank design
17.01.2017.


We are happy to announce that as of January 17th of this year we are moving our Internet bank to the new design: https://ib.lpb.lv/. Please be informed that only design is being changed – the functionality of the i-bank stays the same. To make the transition easier, for your convenience we are keeping the old version […]

Read more
Donation to BSF
21.12.2016.


At Christmas LPB donates funds to the Children’s Hospital Foundation This year, Latvijas pasta banka donates funds to the Children’s Hospital Foundation for the purchase of special foods for the smallest patients. By severe forms of allergy or food intolerance, a special formula is the only food harmless for a child. We encourage you to […]

Read more
Bank TOP
06.12.2016.


LPB is included in the top of most profitable banks. Db.lv portal published the top of most profitable banks. LPB’s profit for the first 9 months of this year amounted to 9.68 million euros. In comparison with the September 30, 2015, there is a change by 184.4%. We express our gratitude to our shareholders and customers […]

Read more
Riga Food 2016
06.09.2016.


LPB takes part in the major Baltic food fair. From 7th to 10th of September, the biggest food industry event in the Baltic states –the “Riga Food 2016” exhibition will be held in “Kipsala” exhibition centre. We are glad to inform you that Latvijas pasta banka will participate in the exhibition. To get more information […]

Read more
The Bank follows the guidance of FCMC
25.07.2016.


On 25 July 2016, Latvijas pasta banka has entered into administrative agreement with the Financial and Capital Market Commission (FCMC). The FCMC, as a result of inspections, has detected violations on the part of the bank in the area of prevention of laundering the proceeds from criminal activity (money laundering) and of terrorist financing (AML/CTF), […]

Read more
Social charter of banks
01.07.2016.


Latvijas pasta banka joins Social charter of banks. The Association of Latvian Commercial Banks has developed a document that describes the principles of responsible and diligent work of all banks in Latvia. We fully share and agree with the standards and values described in the charter and work on a daily basis in order to […]

Read more
Support of auto rally
26.06.2016.


Latvijas pasta banka supports LAF member Gatis Vecvagars As the Bank, we appreciate the teamwork and the pursuit of achievements and results, and respect those who are able to overcome difficulties on the way to the goal. We are proud to announce the support of the member of the Latvian Automobile Federation Gatis Vecvagars who […]

Read more
TOP 10 of Latvian Banks
08.06.2016.


Latvian Association of Commercial Banks has published the results of banks for the first quarter of 2016. According to the information on the income of Latvian banks in the first quarter of 2016, Latvijas pasta banka is in eighth place in the top of the most profitable banks. The bank’s profit in this period amounted […]

Read more
Art exhibition “Arhetips”
12.05.2016.


From the May 12th to June 9th of this year the art exhibition “Arhetips”, organised by art platform ArtAlea, takes place at the Bank. The exhibition tells about unifying archetype – three Latvian (rare in their art direction and technique) artists who for several years indulge and develop art forms, directions and techniques, that only […]

Read more
Lecture at the Bank
11.04.2016.


LPB hosted a lecture by Andrei Sergeev: Business 3.0. – How to attract and retain customers in the digital age. On 7 April the digital business and leadership expert Andrei Sergeev visited the Bank and presented business opportunities in the digital age to representatives of various sectors. He also revealed how modern human behavior can […]

Read more
Donation to Children’s Hospital Foundation
16.02.2016.


38 beds for parents of small patients were purchased thanks to the LPB donation. In the end of 2015 Latvijas pasta banka carried out a target donation to Children’s Hospital Foundation for the purchase of beds. This week the beds were delivered to the Children’s Hospital. Read more on CHF homepage For healthier future!

Read more
Increase of authorised share capital
28.01.2016.


We would like to inform you that according to the shareholder’s decision authorised share capital of JSC Latvijas pasta banka will be increased up to 13,000,000.00 EUR (thirteen million euros). Capital increase strengthens the bank’s capital base and ensures stable operation. LPB Bank solutions for successful business Combining innovative banking services and modern IT solutions […]

Read more
Loyalty program
19.01.2016.


We are pleased to announce that now our clients can use special offers from our partners. Starting from now, on the section of Loyalty program at our website, you will be able to find interesting and useful offers for every day occasions or your free time. To view the page

Read more
DIGIPASS 310
09.12.2015.


Latvijas pasta banka has introduced new digital code calculator – Digipass 310. Technological development evolves data protection methods. In care for our Clients convenience and safety, we have introduced a new code calculator Digipass. Device is intuitive to operate and has a streamlined, slim design.

Read more
Participation in exhibitions
20.11.2015.


From 26th to 28th of November, the biggest metalworking and mechanical engineering event in the Baltic states – the “Tech Industry 2015” exhibition will be held in “Kipsala” exhibition centre along with the “Woodworking. Machinery. Technology. Tools – 2015” exhibition. We are glad to inform you that Latvijas pasta banka will participate in the exhibition. […]

Read more
E-commerce trends
04.11.2015.


An interview with LPB vice-president Edgars Lasmanis published in November issue of Baltic Outlook magazine. The article covers the essence of e-commerce, the challenges for an entrepreneur starting on-line business, as well as the insight of how new technologies help both small factories and merchants to develop and grow. The article also explores the role […]

Read more
The Bank – 7 years!
05.09.2015.


In September, the Bank celebrated its seventh Birthday Last week, all the Bank’s employees gathered to celebrate an important event – LPB’s 7th Birthday. During the celebration, both the Bank’s Council and Board, in their speeches, expressed gratitude to the employees for their investment in the development of LPB. At the event, for a moment, […]

Read more
News on e-commerce
05.08.2015.


LPB has introduced 25 additional processing currencies in e-commerce Dear partner, JSC Latvijas pasta banka keeps track of the innovations in E-commerce market and develops rapidly in this field. For better service and convenience to our customers, we have introduced 25 additional processing currencies. If you would like to get additional information on new currencies […]

Read more
ONPEX
28.07.2015.


JSC “Latvijas pasta banka” expands its cooperation in e-commerce sector We are proud to announce our cooperation with one of the leading and fast growing PSP e-commerce companies ONPEX. Thanks to ONPEX services, traders all over the world can accept payments for goods and services via Visa/MasterCard. Edgars Valmers, Deputy Head of Ecommerce at LPB: […]

Read more
Increase of authorised share capital
07.07.2015.


We would like to inform you that authorised share capital of JSC Latvijas pasta banka has been increased up to 12,000,000.00 EUR. Capital increase strengthens the bank’s capital base and ensures stable operation. LPB Bank solutions for successful business Combining innovative banking services and modern IT solutions with individual service, LPB Bank offers you the […]

Read more
Increase of authorised share capital
26.01.2015.


We would like to inform you that authorised share capital of JSC Latvijas pasta banka has been increased till 11,715,100.00 EUR. LPB Bank solutions for successful business Combining innovative banking services and modern IT solutions with individual service, LPB Bank offers you the benefits of professional cooperation! A clear understanding of clients’ business needs, our […]

Read more