This list is based on information from Financial and Capital Market commission.[1] Latvia's four largest banks are Swedbank, SEB Group, Citadele Banka and Luminor.[2] In 2023, Swedish Swedbank and SEB Group held more than half of Latvia's banking market.[3] [4]
The largest banks and financial institutions in Lithuania, Latvia and Estonia are largely the same and mostly dominated by Swedish companies.[5] [6] [7]
| English name | Call name | Licence date | Majority Owner | Capital | Website | |
|---|---|---|---|---|---|---|
| Akciju sabiedrība "Citadele banka" | Citadele | 30 June 2010 | Ripplewood Advisors LLC | citadele.lv | ||
| Akciju sabiedrība "LPB Bank" | LPB | 5 September 2008 | Signet Bank AS | lpb.lv | ||
| Akciju sabiedrība "Reģionālā investīciju banka" | RIB | 14 September 2001 | SKY Investment Holding | ribbank.com | ||
| Akciju sabiedrība "Rietumu Banka" | Rietumu | 5 September 2008 | Esterkin Family Investments | rietumu.com | ||
| AS BlueOrange Bank | BlueOrange | 12 June 2001 | BBG AS | blueorangebank.com | ||
| AS Expobank | Expobank | 16 December 1991 | Expobank LLC |  | expobank.eu | |
| AS "Industra Bank" | Industra | 6 May 1994 | J.A. Investment Holding | industra.finance | ||
| AS "PrivatBank" | PrivatBank | 31 July 1992 | JSC CB PrivatBank |  | privatbank.lv | |
| AS "SEB banka" | SEB | 29 September 1993 | SEB AB |  | seb.lv | |
| Baltic International Bank SE | BIB | 3 May 1993 | Belokon family | bib.eu | ||
| Luminor Bank AS | Luminor | 2 January 2019 | Luminor Bank |  | luminor.lv | |
| Signet Bank AS | Signet | 26 May 1992 | Signet Acquisition III LLC | signetbank.com | ||
| "Swedbank" AS | Swedbank | 7 September 1998 | Swedbank AB | | swedbank.lv |