The cost of opening an account: From 450 USD

General information



Faunded:1 992
History:The bank was founded on April 29, 1992. In September 2004, Latvijas Ekonomiska Komercbanka changed its name into LATEKO BANKA. The Bank has more than 70 customer service centers in Latvia, as well as a representative office in Moscow
Employees:English-speaking staff, Russian-speaking staff
Shareholders:Majority shareholder of NORVIK BANKA is the leading partner of London investment fund G2 Capital Partners - Gregory Guselnikov, who owns 50% + 1 share in the bank. Latvian businessman Yuri Shapurov is also in the list of major shareholders of the bank


Terms of opening for admission (days):5
Opening terms for cancellation (days):5
Recommendations:Not required
Description of activity:Brief
Account type:Personal, corporate
Types of accounts:Personal; Corporate; Settlement
Departure to the bank:Visiting the bank is not required
Required documents:Copies of the constituent documents of the company, copy of the passport of director / authorized representative
Account opening, probability:High
Particularities during account opening:No special


Rating in the world:3 310
Country Rating:8
Rating on loans:B


Balance, minimum:0 €
An initial fee :0 €
Transaction speed:2-3 business days

Services and costs

Cost of translation:from 10 to 45 EUR
Cost of enrollment:Transfer of funds to the customer's account - free of charge
Cost of account maintenance:EUR 35 per month
Credit card restrictions:Cirrus / Maestro / VISA Electron - 1430 EUR per day, 21 500 EUR per month. MC Standard / VISA Classic and MC Business / VISA Business - 2 150 EUR per day, 21 500 EUR per month. MC Gold / Visa Gold and MC Platinum / VISA Platinum - 2870 EUR per day, 43 000
Insurance for credit cards:Upon agreement with the bank
Access to the account:Internet Banking e-NORVIK (free connection to the system, with no monthly fee). Issue of computing device - from 10 to 50 EUR. NORVIK Vision - remote control system of bank accounts (free connection with the subscription fee 14,3 EUR per month). Issue of computing device DigiPass - 35,8 EUR. Mobile Banking M-Banka (free connection, no monthly fee). Preparation of standard SMS messages to mobile phones - 0,07 EUR. Built-in Internet bank system
Bank services:The Bank offers full range of banking services.
Bank cards:Cirrus / Maestro / VISA Electron; MC Standard / VISA Classic; MC / VISA Gold; MC / VISA Platinum. The fee for issuing the card is the amount of from 20 to 250 EUR. The fee for using the card - from 20 to 250 EUR. Cash withdrawal - from 0.4% to 1.5%
Cost of extracts storing:See rates
Download Tariffs:


Chose bank, where you would like to open an account and press "Order"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's name sort descending Price of account opening Terms of account opening (days) Established World Ranking
AS "NORVIK BANKA" 450 USD 5 1992 3310
AS DNB banka 450 USD 10 2000
AS Expobank 450 USD 7 1991
Baltic International Bank 450 USD 5 1993
Baltikums Bank 450 USD 7 2001
Danske Bank (Latvia) A/S 590 USD 7 2007
JSC Citadele banka 450 USD 10 2010 2064
Latvijas pasta banka (LPB) 450 USD 7 2008
Meridian Trade Bank 450 USD 7 1994
Nordea Bank AB 690 USD 7 1992 27
PrivatBank AS 450 USD 0 1992
Rietumu Banka AS 450 USD 4 1992 2188
SEB banka 450 USD 7 1993
Swedbank (Latvia) AS 450 USD 5 1820