AS "PNB Banka"

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Business Focus

retail and corporate banking

PNB Banka (established on 29 April 1992 as Norvik Banka) is one of the oldest commercial banks in Latvia. Norvik Banka was a part of Norvik Group which also covers Vyatka Bank in Russia. PNB Banka provided a range of retail and corporate banking products and services to residents and non-residents of Latvia with the focus on the development of Latvian business, servicing of Latvian customers and paying particular attention to the financial needs of seniors. In December 2019, PNB Banka became insolvent.


retail banking
corporate banking
trade and investments


natural persons
legal entities

Area Served


Ways to Bank

AS "PNB Banka" delivered its products and services through both direct and indirect channels, namely:
online banking


Total Assets of AS
Net_income of AS
Total Assets (2018)
576.79 mln EUR  (-28.83%)
Net Income (2018)
-5,099,019.00 EUR  (-51.54%)

In 2018 total assets of AS "PNB Banka" were 576,79 mln EUR. In 2018 the bank's net income was -5,10 mln EUR.

Deposit Guarantee

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

AS "PNB 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 "PNB Banka" is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.


Elizabetes iela 15 - 2, 1010, Rīga, Latvia
+371 67041100

AS "PNB Banka" was headquartered in Rīga.

Bank Identifiers


Bank History

Close Date
February 2020
Previous Name

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