BlueOrange Bank is an international private bank that provides a wide range of financial and advisory services, including tailor-made solutions for high net worth individuals and businesses. BlueOrange Bank serves both domestic and international clients.
In 2017 total assets of AS BlueOrange Bank were 661,00 mln EUR. In 2017 the bank's net income was 4,83 mln EUR.
AS BlueOrange Bank participates in deposit guarantee scheme of Latvia. This scheme covers accounts up to 100 000 EUR per bank per depositor.
AS BlueOrange Bank is headquartered in Rīga.
|settlement and cash management
time deposit accounts (0.50 - 1.30 %)
AS BlueOrange Bank provides products and services in the areas of personal banking, corporate banking, investment banking, brokerage, financial advisory. The range of products offered by AS BlueOrange Bank includes settlement and cash management, loans, fiduciary services, documentary operations, payment cards, deposits, time deposit accounts (0.50 - 1.30 %).
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Time deposit accounts made with AS BlueOrange Bank are covered by deposit guarantee scheme of Latvia up to 100 000 EUR per depositor. AS BlueOrange Bank offers the following time deposit accounts.
Updated on 17 December 2018
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
|Total Assets (2017)|
|661.00 mln EUR (+1.46%)|
|Total Equity (2017)|
|60.03 mln EUR (+1.61%)|
In 2017 total assets of AS BlueOrange Bank were 661.00 mln EUR. Growth compared to the previous period (2016) was 1.46%. The evolution of the total assets of AS BlueOrange Bank is shown at Chart 1 below.
Chart 1. Total Assets of AS BlueOrange Bank.
Recent changes in total assets of AS BlueOrange Bank and its main components are shown in Table 1.
|Cash and deposits with Central Banks||153.9||233.8||+51.95%|
|Table 1. Recent changes in total assets of AS BlueOrange Bank (mln EUR).|
Recent changes in total liabilities of AS BlueOrange Bank and its main components are shown in Table 2.
|Deposits from other clients||585.2||596.4||+1.91%|
|Table 2. Recent changes in total liabilities of AS BlueOrange Bank (mln EUR).|
|Net Income (2017)|
|4.83 mln EUR (-38.15%)|
Recent changes in gross profit of AS BlueOrange Bank and its main components are shown in Table 3.
|Table 3. Recent changes in gross profit of AS BlueOrange Bank (mln EUR).|
In 2017 net income of AS BlueOrange Bank was 4.83 mln EUR. Decline compared to the previous period (2016) was -38.15%. The evolution of the net income of AS BlueOrange Bank is shown at Chart 2 below.
Chart 2. Net Income of AS BlueOrange Bank.
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Latvia are obliged to participate in Latvian deposit guarantee scheme.
In the case of AS BlueOrange Bank failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||deposits, current account balance, salary accounts, savings accounts etc.|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of AS BlueOrange Bank and its components are shown in the table below.
|Bank BIC Code||CBBR|
|Country Code||LV (Latvia)|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of AS BlueOrange Bank is shown in the table below.