AS Citadele banka plans to issue EUR-denominated perpetual Additional Tier 1 (“AT1”) temporary write down notes. The purpose of the issuance is for general corporate purposes, including, but not limited to, the repurchase and reduction of outstanding share capital of AS Citadele banka. The issuance is expected to take place in the near future.
More detailed information is going to follow after the approval of the prospectus or after the determination that further disclosure is appropriate in accordance with applicable law.
For further information, please contact: Vlad Ender, Head of Treasury, +372 5517213, vlad.ender@citadele.ee
About Citadele
Citadele’s, rated Baa1 (stable) by Moody’s, mission is to modernise the financial industry and offer more opportunities to private individuals and businesses throughout the Baltics. In H1 2025, Citadele issued EUR 765 million in new loans, with its total loan portfolio reaching EUR 3.5 billion, while total deposits reached EUR 4.0 billion. Alongside a modern universal banking platform, Citadele offers its clients a range of services based on next-generation financial technology, including its modern app, contactless payments and instant payments. Citadele was the first in the Baltics to introduce account opening with a selfie, payment rings and payments to mobile numbers. Citadele Bank is the Group’s parent company in Latvia, and its subsidiaries and branches operate in Latvia, Lithuania and Estonia.