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Latvijas Banka's Overview

Total employees359
HeadquartersRīga
Founded1922

The Bank of Latvia (Latvijas Banka) is the central bank of the Republic of Latvia. It is an independent institution and a member of the Eurosystem, contributing to the formulation and implementation of the Eurozone's monetary policy. Its primary objectives include maintaining price stability, promoting financial stability, issuing and managing the national currency (formerly Lats, now Euro in Latvia), managing foreign reserves, maintaining payment and settlement systems, and compiling financial statistics. The Bank also acts as a financial agent for the government and plays a significant role in economic analysis and research.

Where is Latvijas Banka's Headquarters?

HQ Function

Serves as the primary administrative and operational center for Latvia's central bank, housing key departments for monetary policy, financial stability, economic research, international relations, and central administration.

Notable Features:

The main building is a prominent architectural monument in Riga, designed by architect Wilhelm Ludwig Nikolai Bockslaff in Neo-Renaissance style. It originally served as the Riga Stock Exchange building, completed in 1905.

Work Culture:

The work culture at the Bank of Latvia is characterized by professionalism, analytical rigor, and a strong sense of public service. It fosters expertise in economics and finance, with a focus on collaboration, integrity, and contributing to Latvia's economic well-being and stability within the European framework.

HQ Significance:

The headquarters is the nerve center for Latvia's monetary policy decisions (as part of the Eurosystem), financial system oversight, and the nation's representation in major European and international financial institutions. Its location in a historic building also symbolizes financial stability and heritage.

Values Reflected in HQ: The headquarters' architecture and historical standing reflect values such as stability, tradition, trustworthiness, and a deep-rooted connection to Latvia's economic history and its role in the European financial system.

Location:

The Bank of Latvia's global presence is primarily defined by its membership in the Eurosystem, where it participates in the Governing Council of the European Central Bank (ECB) and contributes to single monetary policy decisions for the euro area. It also cooperates with international financial institutions such as the International Monetary Fund (IMF), the Bank for International Settlements (BIS), and the World Bank. The Bank represents Latvia in various European and global economic forums, engages in bilateral relations with other central banks, and participates in international technical cooperation programs.

Street Address:

Krišjāņa Valdemāra iela 2A

City:

Rīga

State/Province:

Country:

Latvia

Latvijas Banka's Global Presence

Riga, Latvia

Address: Krišjāņa Valdemāra iela 1B, Rīga, LV-1050, Latvia

Provides direct public access for currency-related services and enhances financial literacy through its interactive visitor centre.

Riga, Latvia

Address: Bezdelīgu iela 3, Rīga, LV-1007, Latvia

Functions as the central hub for cash management and logistics for the entire country, ensuring the integrity and availability of physical currency.

Buying Intent Signals for Latvijas Banka

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Latvijas Banka

As of April 2025, Latvijas Banka' leadership includes:

Mārtiņš Kazāks - Governor, Chairman of the Board
Zoja Razmusa - Deputy Governor, Deputy Chairperson of the Board
Uldis Rutkaste - Member of the Board
Egils Kaužēns - Member of the Board
Santa Purgaile - Member of the Board

Investors of Latvijas Banka

Latvijas Banka has been backed by several prominent investors over the years, including:

The Bank of Latvia is the central bank of the Republic of Latvia. It is a state-owned institution, and its capital is owned by the state. It does not have private shareholders or investors in the typical commercial sense.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

In the past 12 months, the Bank of Latvia's Executive Board saw the appointment of Santa Purgaile, following the conclusion of Harijs Ozols' term.

Departures

Harijs Ozols, Harijs Ozols' term as Member of the Executive Board concluded upon its expiration.

New Appointments:

Santa Purgaile, Santa Purgaile was appointed as a new Member of the Executive Board, effective February 12, 2024.

Technology (Tech Stack) used by Latvijas Banka

Discover the tools Latvijas Banka uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Latvijas Banka Email Formats and Examples

The Bank of Latvia does not publicly disclose its specific internal email format structures for security and operational reasons. For official communication, it is always recommended to use the contact forms or designated public email addresses available on the Bank of Latvia's official website (bank.lv). Generic formats common in public institutions might include variations of [firstname].[lastname]@[domain] or [initials]@[domain].

A plausible common professional format is `firstname.lastname@bank.lv`

Format

e.g., `ieva.kalnina@bank.lv` (This is an illustrative example only, not a verified email address).

Example

60%

Success rate

News and media

bank.lvMay 23, 2024

Latvijas Banka issues a silver collector coin 'Across the Times'

Latvijas Banka is issuing a silver collector coin 'Across the Times' dedicated to the idea of Latvia's statehood and freedom. The coin tells a story about the values that have been passed down through generations and have helped to preserve the nation and the state....more

LSM.lv (Public Broadcasting of Latvia)May 14, 2024

Bank of Latvia maintains GDP growth forecast at 1.8% for this year

The Bank of Latvia has maintained its Latvian gross domestic product (GDP) growth forecast for this year at 1.8%, according to the central bank's latest macroeconomic forecasts. Inflation is forecast at 1.5% for 2024, with GDP growth projected to accelerate to 3.3% in 2025 and 2.8% in 2026....more

bank.lvApril 25, 2024

Financial literacy level in Latvia reaches the OECD average

The results of an international financial literacy survey reveal that the financial literacy level in Latvia matches the OECD average. The survey was conducted by the OECD International Network on Financial Education (OECD/INFE) and Latvijas Banka in 2023, assessing financial knowledge, behaviour, and attitudes....more

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