October 19, 2017 5:46 AM ET


Company Overview of Luminor Bank AS

Company Overview

Luminor Bank AS provides various banking products and services to individual and business customers in the Republic of Latvia. It offers term deposits and saving accounts; loans for home purchase, home building, home improvement and renovation, property purchase without collateral, car purchase, farmers, apartment house renovation, and other consumption needs; loans with real estate collateral; and working capital loans, credit lines, and overdrafts, as well as factoring services. The company also provides car, commercial vehicle, and equipment leasing services; trade finance services, such as bank guarantees, letter of credits, and documentary collection; and investment funds and bonds, as ...

Skanstes Street 12

Riga,  1013


Founded in 1989

639 Employees


371 6 717 1880


371 6 782 0080

Key Executives for Luminor Bank AS

Chairman of the Management, Chief Executive Officer and Chief Financial Officer
Head of Corporate Banking, Vice-President and Member of Management Board
Chief Risk Officer and Member of the Management Board
Head of Retail Banking, Vice President and Member of the Management Board
Vice President and Member of Management Board
Compensation as of Fiscal Year 2017.

Luminor Bank AS Key Developments

DNB Banka Announces Audited Earnings Results for the First Half of 2017

DNB Banka announced audited earnings results for the first half of 2017. The company earned EUR 13.34 million in profit, down 45.2%.

DNB Banka Reports Group Earnings Results for the First Half of 2017

DNB Banka reported group earnings results for the first half of 2017. For the period, the company posted profit of EUR 12.2 million, down 46.4% from the same period in 2016. The group’s net profit in the first six months of the year 2016 reached EUR 22.8 million, but the profit was significantly by EUR 11.8 million - affected by one transaction, as the bank’s shares in Visa Europe Limited were sold. The bank’s net interest income reached EUR 19.5 million, which is about the same as in the respective period last year.

DNB Banka Reports Earnings Results for the First Quarter 2017

DNB banka reported earnings results for the first quarter 2017. For the quarter, the company reported EUR 7.323 million in profit down 11.8% year-on-year.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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