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Latvia Bank account

Banks in Latvia - Latvian Financial System

Latvia is o
ne of the most important financial centres in Eastern Europe

Confidentiality, privacy and security:
the Banking privacy in Latvia offers strict confidentiality and absolute protection of information about transactions so there is guarantee of full safety of information.

Electronic banking, multi-currency accounts, credit and debit cards with global access to your funds.

There are about 27 banks operating in Latvia, o
nly a few banks works with non resident clients. Some of the banks offers full range of banking services, others work in certain markets with specialized services.

The commercial banking sector is controlled by the Bank of Latvia, which is an institution independent of the Latvian government. The Bank of Latvia was founded in August of 1990.

Latvian banks
are working in accordance with the common principles of banking secrecy.

Latvia is a member of the United Nations, European Union, Council of Europe, NATO, Organization for Security and Co-operation in Europe, International Monetary Fund and World Trade Organization. It was a member of the League of Nations (1921–1946). Latvia is also a member of the Council of the Baltic Sea States and Nordic Investment Bank.

is an integral part of European political, economic and cultural life.

has established diplomatic relations with 158 countries and maintains embassies in 35 countries. 37 countries maintain an embassy in Latvia's capital Riga. Latvia hosts one European Union institution, the Body of European Regulators for Electronic Communications
Since the year 2000 Latvia has had one of the highest (GDP) growth rates in Europe.

The financial center of Latvia is the capital "Riga". Almost all important Latvian financial institutions are located in Riga, including the Bank of Latvia, which is Latvia's central bank.Latest News: Latvia plans to be ready to introduce the euro in 2014 The euro is not medicine for all economic maladies, but it provides the economy with an opportunity of faster growth and cheaper payback of the debt accumulated during the crisis. Read more

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