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We inspire people and enterprises to foster economic growth
Citadele Group is a full-service financial group for both private individuals and companies offering a complete portfolio of banking, financial and private capital management services in our home market Latvia and through our international presence.
Key financial data as of 31.03.2020.
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Operating income
€27.4m
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Loans to public
€1,551m
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Deposits and borrowings from customers
€3,485m
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Cost to income ratio (CIR)
70.8%
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Return on average assets (ROA)
(0.78%)
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Return on average equity (ROE)
(9.0%)
Group presence
Citadele Group is a full-service financial group for both private individuals and companies offering a complete portfolio of banking, financial and private capital management services in our home market Latvia and through our international presence. The core market of Citadele Group are the Baltic states: Latvia, Lithuania and Estonia.
Citadele Headquarters in Riga, Latvia
We wish to support our clients and their businesses to foster further growth across the whole Baltic region
What we do
Citadele Group offers a wide range of banking products to its retail, SME and corporate customer base. We also provide wealth management, asset management, life insurance, pension, leasing and factoring products.
We aim to become the leading financial services provider in the Baltics for individuals and small- and medium-sized businesses
Recent press releases
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Pandemic’s First Wave Overcome More Successfully Than Predicted
• Citadele Bank (Latvia)
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Johan Akerblom appointed as Citadele’s Chairman of the Management Board and Chief Executive Officer
• Citadele Bank
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Changes to Term Deposit acceptance and service terms
• Citadele Bank (Latvia)