AS Magnetiq Bank products, services and reviews
Rating, reviews, address, contact info, branches, phone numbers, fixed deposits, savings and card accounts offered by AS Magnetiq Bank
AS Magnetiq Bank
4.2
Latvia
Credit ratings
Deposit Guarantee Scheme (DGS)
Deposit Guarantee Scheme (DGS) member. Deposits up to €100k per person are covered
S&P
-
Moody’s
-
Fitch
-
About AS Magnetiq Bank
LPB Bank, formerly known as Latvijas Pasta Banka, is a Latvian financial institution established in 1991. It provides a range of banking services, including personal and business accounts, loans, and investment products. Regulated by the Financial and Capital Market Commission of Latvia, LPB Bank operates through branches and ATMs across the country and is a member of the Deposit Guarantee Fund. In December 2023, AS Signet Bank acquired AS LPB Bank from its previous sole shareholder, Mono LTD, after obtaining approvals from the Bank of Latvia, the European Central Bank, and clearance from the Competition Council. Following the acquisition, AS LPB Bank officially changed its legal name to AS Magnetiq Bank and introduced a new brand visual identity.
AS Magnetiq Bank Deposit guarantee scheme participation
AS Magnetiq Bank participates in the deposit guarantee scheme of Latvia which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR (or equivalent in local currency) per bank per depositor.
AS Magnetiq Bank Countries of operations
AS Magnetiq Bank offers their savings products in Latvia
Products offered by AS Magnetiq Bank and interest rates
AS Magnetiq Bank offers 16 deposits and 0 savings accounts in EUR.
AS Magnetiq Bank offers the following fixed deposits in EUR in Latvia: 3 months deposit - 2.25%; 6 months deposit - 2.6%; 12 months deposit - 3.15%; 24 months deposit - 2.8%; 36 months deposit - 2.5%.
Best interest rates in Latvia
Fixed deposits offered by AS Magnetiq Bank
Loans offered by AS Magnetiq Bank
There are no products yet
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Bank identifiers
BIC number
LAPBLV2X
Name
AS Magnetiq Bank
Country
Latvia