Founded in 1991, Expobank is one of the oldest banks in Latvia providing retail and corporate banking products and services as well as brokerage services to local and international clients.
Becoming a client of AS Expobank can be done in a few steps:
Due to regulatory requirements AS Expobank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual AS Expobank will ask him/her to provide the following documents: passport or ID card; income details. For corporate clients AS Expobank will ask to provide corporate documentation as well as information about controlling persons. AS Expobank may request additional documentation or information depending on the case. AS Expobank performs client's identity verification via branch visit.
In 2019 total assets of AS Expobank were 69,69 mln EUR. In 2019 the bank's net income was -757 000,00 EUR.
AS Expobank 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 Expobank is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.
AS Expobank is headquartered in Rīga.