The Citadele Group is managed from Latvia. Its subsidiaries and branches operate in Latvia, Lithuania and Estonia. Citadele Bank (Latvia) is the parent company of the Group, and represents 76% of the Group’s assets. Citadele directly and indirectly owns 14 subsidiaries which operate in various financial market sectors.

Citadele Bank (Latvia)

Citadele Bank Latvia is the parent company of the Group. Alongside classic banking services, Citadele offers its private and business clients a range of services based on next-generation financial technology. For example, we were the first in the Baltics to introduce opening an account with a selfie, payment rings and payments to mobile numbers, and for businesses – payment acceptance with Android devices, instant POS pick up at our branches and data analysis in our Business Portal.

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Citadele branch in Lithuania

AS „Citadele banka“ Lithuania branch provides all banking and capital management services. The divisions of Citadele Bank in Lithuania are located in the major cities of Lithuania: Vilnius, Kaunas, Klaipėda, Panevėžys and Šiauliai.

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Citadele branch in Estonia

The Citadele Bank’s Estonian branch offers a wide range of banking services, including accounts, payment cards, business loans and investment management.

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CBL Asset Management

CBL Asset Management is one of the leading investment management companies in the Baltic countries and provides the following services - state-funded pension plan management, proprietary investment fund management and portfolio management for private, corporate and institutional clients, both local and international.

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Kaleido Privatbank (Switzerland)

Kaleido Privatbank is a subsidiary of Citadele Bank which provides banking, financial and capital management services. Kaleido Privatbank headquarters are located in Zurich, Switzerland.

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Group presence

Area of operation Latvia Estonia Lithuania Switzerland
Retail and corporate banking
Private banking
Life insurance
Asset management

Insurance сompany CBL Life

Insurance сompany CBL Life (AAS CBL Life) is a subsidiary of CBL Asset Management, a Citadele Group company, which provides life insurance services to retail and corporate clients.

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Pension fund CBL Atklātais pensiju fonds

CBL Open Pension Fund offers making 3rd pillar private pension savings additionally to the government guaranteed pensions (1st and 2nd pillar). You are welcome to make pension savings individually or through your employer. Citadele Bank is the pension fund's custodian.

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Baltic Leasing companies

Baltic leasing companies offer a wide range of leasing services to retail and corporate clients in Latvia, Lithuania and Estonia. Insurance broker offers insurance intermediary services to clients - individuals and legal entities - in Latvia.

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Other companies

Group companies that are providing various support services.

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