AS "Citadele banka"

 (4.2; 45 ratings)
4.2 45
Business Focus
retail and corporate banking

Citadele Banka is a Latvian bank, establlished in 2010 when good assets of Parex Bank were transferred to the newly created Citadele Banka. Citadele Banka provides retail and corporate banking products and services to domestic and international clients.

Products and Services

Services
retail banking
private banking
corporate banking
Area Served
Latvia
Lithuania
Estonia
internationally
Germany
Products
current accounts
debit cards
credit cards
savings accounts
consumer loans
mortgage loans
leasing

Ways to Bank

AS "Citadele banka" delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets (2018)
2,329.98 mln EUR  (-8.46%)
Net Income (2018)
33.04 mln EUR  (+2,528.27%)

In 2018 total assets of AS "Citadele banka" were 2 329,98 mln EUR. In 2018 the bank's net income was 33,04 mln EUR.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Ba2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

AS "Citadele banka" is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Ba2 (non-investment grade speculative).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Deposit Guarantee Fund (DGF)
Covered Depositors
natural persons (Latvian and foreign)
legal entities (Latvian and foreign)
Covered Accounts
current accounts
deposit accounts

AS "Citadele banka" participates in the deposit guarantee scheme of Latvia. This deposit guarantee scheme applies to current accounts, deposit accounts made by natural persons (Latvian and foreign), legal entities (Latvian and foreign) and covers up to up to 100,000 EUR per bank per depositor. AS "Citadele banka" is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.

Contacts

Republikas laukums 2A, 1010, Rīga, Latvia
+371 6 701 0000
+371 6 701 0001

AS "Citadele banka" is headquartered in Rīga.

Bank Identifiers

BIC (SWIFT)
PARXLV22
Company Number
40103303559
MFI ID
LV40103303559

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