Bank M2M Europe was founded in 1992 as Latvijas Biznesa Banka (Latvian Business Bank). Bank M2M Europe provides private banking, wealth management and corporate banking products and services to high net worth clients and their businesses. In October 2017 Bank M2M Europe started operating under a new name and introduced a new brand identity, Signet Bank. The change in the bank’s name and brand follows major changes in the shareholders’ structure.
In 2019 total assets of Signet Bank AS were 190,15 mln EUR. In 2019 the bank's net income was 853 618,00 EUR.
Signet Bank AS 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. Signet Bank AS is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.
Signet Bank AS is headquartered in Rīga.