Citadele Bank

Payment of State-Guaranteed Compensation Temporarily Suspended for International Depositors

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Considering that the current state of emergency which requires additional safety measures and travel restrictions, as of today, March 18th, Citadele is not accepting applications for state-guaranteed compensation for private customers of AS “PNB Banka” and AS “ABLV Bank” who are not Latvian residents, as well as legal entities represented by non-Latvian residents.

Pay-outs process for state-guaranteed compensations to Latvian residents remains unchanged.

The decision has been confirmed by the Financial and Capital Market Commission.

State-guaranteed compensation for the international depositors will resume after the state of emergency will be lifted. For any further questions, please contact our client service centre by calling +371 6701 0000.

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