Magnetiq Bank, JSC

LPB Bank, together with Mastercard, support local charities who devote their entire work to the wellbeing of our planet - for every 20 EUR spent with your LPB Bank Mastercard card, we will donate 3 cents to protect the Baltic Sea.??

Find out more? https://lnkd.in/d2iKyw8P

#bank #banking #mastercard #bankcard #protectsea #LPBBank

Good news - LPB Bank increases interest rates on deposits!⚡
Place your funds in a deposit account to create savings for the future:
?Attractive interest rates up to 2 years
?Duration up to 5 years
?Minimum amount: 5 000 EUR
?Currency: EUR
Find out more about increased deposit rates? https://lpb.lv/en/terminnoguldijumi/

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

Continuing the tradition of seven years ago, LPB Bank is also cooperating with the Children’s Hospital Foundation this year. Helping to improve the quality of services at the Children’s Clinical University Hospital, the Bank donated funds to purchase baby scales and video surveillance cameras.

Comments Liene Dambiņa, Chairwoman of the Board at CHF:

⚙️?The FinTech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent forum held by the Financial and Capital Markets Commission (FCMC) and the Investment and Development Agency of Latvia (LIAA), with LPB Bank as one of the participants Staņislavs Siņakovičs, head of Sales and Regional Development Department at LPB Bank, offers his comments.

?Register on the website ONBOARDING.LPB.LV
?Sign the completed documents using an electronic signature
?Pay the fee
?Prepare for video identification
?Answer all questions of the operator during the call

?Find out more? https://lpb.lv/en/klut-par-klientu/

#bank #banking #bankaccount #remotelyaccount #accountopening #LPBBank

LPB Bank has taken over the PrivatBank credit portfolio of private individuals with consumer loan agreements issued to students of the “airBaltic Pilot Academy” total of 743 thousand euros.✈️

?Comments Edgars Jērāns, Head of the Financing Division of LPB Bank:
“In August, all PrivatBank clients whose liabilities are included in the loan portfolio “airBaltic Pilot Academy” were informed about the new payment procedure. LPB Bank actively lends to both legal entities and individuals, and this transaction allows LPB Bank to expand the range of services and clients.”

??In the 2nd quarter of 2022, all the key financial indicators of LPB Bank point to the stable and efficient operation of the Bank. Implementing the strategy and the professional work of the entire team made it possible to make a profit of 1.6 million euros.

Key financial highlights of LPB Bank for the Q2 2022 (unaudited) ?
? Assets – EUR 191,1 million;
? Operating income – EUR 6,3 million;
? Capital and reserves – EUR 31.9 million;
? Profit – EUR 1.6 million;
? Liquidity coverage ratio – 139%;
? Capital adequacy ratio – 19,36%.

Since the release of the mobile app Key2LPB?, our clients have expressed appreciation for the intuitive, simple and portable access to their finances it provides. We are happy to announce that we have added new functionality to the Key2LPB mobile app!⚙️

With Banking as a Service, LPB Bank provides all the essentials for payment companies (of the PI, EMI or PSP variety) to start serving their clients as soon as possible.??