AS Citadele banka is a full-service financial group headquartered in Riga, Latvia, with core operations in Latvia, Lithuania, and Estonia. Established in 2010, Citadele provides a comprehensive range of banking, financial, and asset management services to private individuals, SMEs, and corporate clients. The bank emphasizes digital innovation, offering modern mobile banking solutions and personalized customer service. Citadele is one of the largest banks in the Baltics, playing a significant role in the region's financial landscape and economic development.
The headquarters houses central management, strategic planning, core banking operations, risk management, IT, human resources, and other group-level support functions for Citadele's operations across Latvia, Lithuania, and Estonia.
The headquarters is situated in a modern architectural building within the 'Citadele' business district, featuring state-of-the-art facilities and a design that reflects the bank's contemporary approach.
Citadele fosters a professional banking environment with a strong emphasis on digital transformation, customer-centricity, innovation, and collaborative teamwork. The culture supports continuous learning and adaptation to the evolving financial landscape.
The Riga headquarters symbolizes Citadele's position as a major financial institution in Latvia and the wider Baltic region. It underscores the bank's stability, modern outlook, and commitment to driving financial services and economic growth in its core markets.
Citadele's primary operational footprint is concentrated in the Baltic states – Latvia, Lithuania, and Estonia – where it offers a full suite of banking and financial services. Beyond the Baltics, the Group extends its reach through Kaleido Private Bank in Switzerland, which caters to international private banking clients. While Citadele is not a global retail bank in the traditional sense, its operations support international trade and investment for its Baltic clientele and provide wealth management services to a broader international customer base via its Swiss subsidiary.
Republikas laukums 2A
Riga
Riga
Latvia
Address: Saltoniškių g. 2, LT-08127 Vilnius, Lithuania
To expand Citadele's market presence and deliver competitive financial products and advanced digital banking solutions tailored to the Lithuanian market.
Address: Roosikrantsi 2, 10119 Tallinn, Estonia
To strengthen Citadele's footprint in the Estonian financial market, with a focus on digital innovation and superior customer service for both private and business clients.
Address: Freigutstrasse 16, 8002 Zürich, Switzerland
To provide high-net-worth individuals with sophisticated wealth management solutions, leveraging Swiss banking expertise and extending Citadele Group's service reach beyond its core Baltic retail and corporate banking activities.
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As of April 2025, Citadele banka' leadership includes:
Citadele banka has been backed by several prominent investors over the years, including:
Over the past 12 months, Citadele banka has made strategic changes to its Management Board, including the appointment of a new Chief Risk Officer and a new Head of Baltic Corporate & SME Banking. These changes reflect the bank's ongoing efforts to strengthen its leadership team and drive its growth strategy in the Baltic region, alongside a corresponding departure in corporate banking leadership.
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Citadele banka primarily uses the email format firstname.lastname@citadele.lv for its employees based in Latvia or for group-level communications. Variations might exist for subsidiaries (e.g., @citadele.lt for Lithuania) or specific departments, but firstname.lastname is the common structure.
firstname.lastname@citadele.lv
Format
johan.akerblom@citadele.lv
Example
95%
Success rate
eng.lsm.lv (Latvian Public Broadcasting) • April 10, 2024
The European Bank for Reconstruction and Development (EBRD) has sold its remaining 7.2% stake in Citadele Bank, concluding its investment that began in 2015 to support the bank's privatization and growth....more
citadelegroup.com • March 7, 2024
Citadele Group announced a record net profit of EUR 110.0 million for the fiscal year 2023. This strong performance was attributed to robust lending growth, increased customer activity, and a favorable interest rate environment....more
citadelegroup.com • January 17, 2024
Moody's Investors Service upgraded AS Citadele banka's long-term deposit rating to Baa2 from Baa3, assigning a stable outlook. The upgrade reflects the bank's improved financial metrics, strong capitalization, and resilient operational performance....more
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