instant payments

Published: 17.01.2024. The Bank of Latvia has determined the priorities of the resolution and compensation system for 2024-2026. for the year, and the 2024 operational plan was approved in accordance with them. Both face-to-face inspections of market participants and other activities are planned. The settlement activities cover credit institutions and investment brokerage companies (IBS), which … Read more

Published: 27.12.2023. Continuing to popularize Latvian culture, history, philosophical and universal human values ​​in collection coins with a modern interpretation of these values, the Bank of Latvia plans to release a collection coin dedicated to a theme of the artist’s own free choice and invites artists and art students to develop themes and graphic design … Read more

Published: 15.12.2023. It is planned that an account for keeping customer funds in euro in Latvijas Banka will be available to payment and electronic money institutions licensed within the European Economic Area (EEA) single market and in accordance with the European Union regulation on crypto-asset markets (Markets in Crypto-Assets or MiCA Regulation) requirements for licensed … Read more

Published: 13.12.2023. The events of the last year have raised the issue of the competition of Latvian commercial banks. Competition supervision is provided by the Competition Council, while the supervisor of the financial sector follows events and evaluates the stability and resilience of the banking sector, as well as the strategy of each individual bank … Read more

Published: 05.12.2023. The Bank of Latvia has announced another competition for students’ scientific research papers, the purpose of which is to promote the identification and analysis of macroeconomic problems of the Latvian and Eurozone economies, involving the most capable young economists in this work. The competition is being held for the 22nd time, and citizens, … Read more

Published: 02.11.2023. On November 1, the Supervisory Committee of the Bank of Latvia decided to issue SE “Capitalia” with an operating permit as a provider of collective financing services in accordance with Regulation no. 2020/1503. SE “Capitalia” is registered in the register of crowdfunding service providers with the right to facilitate the granting of loans. … Read more

Published: 31.10.2023. The Board of the Bank of Latvia, continuing to strengthen the stability of the Latvian financial system, has adopted “Critical Financial Services Management Rules”, which will enter into force on November 1, 2023, with a longer transition period for certain measures. After the integration of the Financial and Capital Market Commission, the role … Read more

Published: 30.10.2023. On October 30, the supervisory committee of the Bank of Latvia approved the additions to the prospectus of the public offering of JSC “APF Holdings” shares. AS “APF Holdings” has supplemented and amended the information included in the prospectus, as well as extended the offer period until November 3, 2023. From the approval … Read more

Published: 08.09.2023. At the end of June of this year, 29 cooperative credit unions (KKS) operated in Latvia, which managed assets in the amount of 29.3 million euros. Over the past 12 months, the KKS segment has narrowed moderately: the total amount of assets decreased by 6.9%, the number of KKS decreased by two, but … Read more

Published: 28.07.2023. The Bank of Latvia warns that fraudsters who impersonate well-known people, high-level managers, officials and journalists are active in social media. In the name of these persons, misleading content information is distributed, designed using Latvian media brands, and announcing the possibility of improving the financial situation. By showing interest in these fake messages, … Read more