Today, April 19, AS LPB Bank officially changes its legal name to AS Magnetiq Bank, while also introducing a new brand visual identity. The renaming and rebranding of the bank are based on an acquisition deal concluded at the end of 2023, in which Latvia’s leading investment bank, Signet Bank AS, became the sole shareholder […]

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We want to inform you that due to changes in the development strategy of the Bank, starting from June 1, 2024, there will be changes to our range of services. The Bank will discontinue the provision of cash transaction services. In addition, changes in the price list for “Cash Transactions” for both legal entities and […]

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We inform you that on March 21, 2024, a new version of Magnetiq Bank General Terms of Service (hereinafter – GTS) was approved, which will enter into force on June 1, 2024. In the new version of the GTS: We invite you to get acquainted with the changes here. You can find the new GTS version here.

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In an era where digital transactions are the backbone of the global economy, ensuring the integrity and transparency of information on cross-border payments and card transactions has become critical for governments worldwide. Recognizing this, the European Union took a significant step on 18 February 2020, when the Council adopted a legislative package to tighten the […]

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By the Consumer Rights Protection Law amendments, mortgage borrowers who meet the criteria specified by the law will receive compensation for the mortgage interest payments made in 2024. The State Revenue Service will disburse the compensation for the first quarter of 2024 until April 30, 2024. The Bank will inform the mortgage borrowers about the […]

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We hereby inform you that the Report on commission fees related to the Current Account for the period 01.01.2023 – 31.12.2023 has been prepared for Clients (Private Individuals). The Report can be viewed in the Internet bank (Profile – Profile settings – Report of withheld fees). The information is only prepared for those accounts where […]

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After receiving approval from the Bank of Latvia and the European Central Bank, as well as the consent of the Competition Council, the transaction was completed on December 11, 2023, in which the previous sole shareholder of JSC “LPB Bank”, “Mono” Ltd, sold all its shares to the local investment bank JSC “Signet Bank”. As […]

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Please be informed that from September 29th, 2023, changes in the Price list “LOANS” for Private Individuals will come into force: ***Except for the documentation/transactions that are coordinated according to the requirements specified in the Special conditions of the contract We invite you to get acquainted with the Price list here.

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Please be informed that from October 2nd, 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 2,50% 2,75% 3,25% 3,35% […]

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Please be informed that from August 11th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 2,25% 2,50% 3,00% […]

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Please be informed that from June 22nd of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 1,85% 2,25% 2,75% […]

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Please be informed that from June 5th of 2023, changes in the Price list “LOANS” for private individuals (Domestic) will come into force: Description Existing Bank clients New Bank clients Consideration of application Free of charge Free of charge We invite you to get acquainted with the Price list here.

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Please be informed that from May 29th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 1,50% 2,10% 2,50% […]

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Please be informed that from May 15th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1 Y 2 Y 3 Y 5 Y EUR 5 000 1,30% 1,55% 2,00% […]

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Please be informed that from May 1st of 2023, changes in the Price list “CASH OPERATIONS” for legal entities (Domestic, EEA, Foreign) will come into force: 1. Cash withdrawal1 1.1. EUR2 0,5% of the amount, min. 10 EUR   1.2. Additional fee for cash withdrawal without a previous reservation  0,5% of the amount paid EUR within […]

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Please be informed that from March 27th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 1 m 3 m 6 m 9 m 1Y 2Y 3Y 5Y EUR 5 000 1,20% 1,40% 1,75% 2,00% 2,50% 2,75% 2,50% […]

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Please be informed that from March 1st of 2023, changes in the Price list “BROKERAGE SERVICES” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: 1. Stocks1(Classic Brokerage 4) Market Brokerage services2 DVP/RVP 3 Safekeeping (monthly) 6 1.1. EEA countries 0.3%min 30 EUR 30 EUR 0.025% 1.2. Baltic markets(NASDAQ OMX Baltic) 0.5%min 30 EUR 3

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Please be informed that from January 16th of 2023, changes in the Price list “TERM DEPOSIT” for legal entities and private individuals (Domestic, EEA, Foreign) will come into force: Currency Minimum deposit amount 6 m 9 m 1Y 2Y 3Y 5Y EUR 5 000 0,80% 1,00% 2,00% 2,20% 2,40% 2,50% Currency Minimum deposit amount 6m […]

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We inform you that on December 15, 2022, a new version of General Terms of Service (hereinafter – GTS) was approved, which will enter into force on March 15, 2023. In the new version of the GTS: We invite you to get acquainted with the changes here. You can find the new GTS version here.

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