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Medoro

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.

LPB Bank

LPB Bank provided a loan of 310 000 euros for the reconstruction project of the tennis club? in Jelgava, 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 provide tennis players with high-profile courts, which are also suitable for organizing local and international competitions.

LPB Bank

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 that understands the needs of FinTech and can provide the full range of services in one place.

LPB Bank

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??

LPB Bank

?For the third year, Forbes Latvia is compiling a list of the 40 most successful financiers under 40. The idea - spotlight those who have been able to find and use opportunities to earn both themselves and improve the performance of the organizations they lead at a time when financial technologies are developing incredibly fast.

?We are proud and congratulate Yefim Gasel, a member of LPB Bank Council, with a high rating on the prestigious Forbes Latvia "40 Under 40" list.

#forbeslatvia #forbes #40under40 #bank #banking #LPBBank

lpb bank

Place your funds in a deposit account to create savings for the future:
◾ Interest rates: from 0.65% to 2.5%
◾ Duration: up to 5 years
◾ Minimum amount: 5 000 EUR
Find out more? https://lpb.lv/en/terminnoguldijumi/

#deposits #termdeposit #bank #banking #investments #LPBBank #money #interestrates

Stanislavs

"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, as well as 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 Stanislavs Sinakovics, Head of the Business Development Department at LPB Bank.

LPB Bank

“To establish new business processes, which inevitably involved remote work and hybrid work, management skill and experience must be supplanted with a fair bit of trust and empathy for one’s employees. I believe that a personnel manager is also a psychologist and psychotherapist to some extent – people often go to HR with issues beyond their working environment. I tell colleagues that my doors are always open. Sometimes, hearing them out by giving them just 20 minutes of undivided attention can accomplish much more than delivering another mental health presentation.

LPB Bank

?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 (unaudited):
?Assets – EUR 184.1 million;
?Operating income – EUR 10.3 million;
?Capital and reserves – EUR 32.3 million;
?Profit – EUR 3.1 million;
?Liquidity coverage ratio – 120%;
?Capital adequacy ratio – 18.00%.