30.8.2023
Latvian Deposit Market Overview: August 2023
4 min read
Discover the dynamic evolution of interest rate trends across Europe with PickTheBank. Uncover valuable insights into the Latvian deposit market through our comprehensive overview for August 2023.
Curious about Europe's interest rate trends? At PickTheBank, we're on the pulse, keeping a close eye on the ever-shifting financial currents. Over the past year, as inflation surged, interest rates in banks followed suit, and we're here to break it down for you.
Today, let's dive into the world of Latvian interest rates.
We unearthed a maximum EUR deposit interest rate of 4.00% (up from 3.50% the previous month) for a 1-year term. Now that's something worth exploring!
During the compilation of this assessment, we meticulously examined the online platforms of 10 Latvian banks that present fixed-term deposit interest rates. We offer a selection of 285 deposit options in Latvia.
Here are the most enticing options we've uncovered in Latvia:
🔥Top 5 12-Month EUR Deposit Rates
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 4.10% | Bigbank | EUR | 12 mths | More -> |
| 4.00% | Akciju sabiedrība "LPB Bank" | EUR | 12 mths | More -> |
| 4.00% | Signet Bank AS | EUR | 12 mths | More -> |
| 3.95% | Bigbank | EUR | 12 mths | More -> |
| 3.85% | Rietumu Banka | EUR | 12 mths | More -> |
🔥Top 5 24-Month EUR Deposit Rates
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 3.90% | Rietumu Banka | EUR | 24 mths | More -> |
| 3.80% | Rietumu Banka | EUR | 24 mths | More -> |
| 3.70% | Bigbank | EUR | 24 mths | More -> |
| 3.65% | Bigbank | EUR | 24 mths | More -> |
| 3.60% | AS "Industra Bank" | EUR | 24 mths | More -> |
Top 5 36-Month EUR Deposit Rates
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 3.95% | Rietumu Banka | EUR | 36 mths | More -> |
| 3.85% | Rietumu Banka | EUR | 36 mths | More -> |
| 3.75% | Bigbank | EUR | 36 mths | More -> |
| 3.70% | AS "Industra Bank" | EUR | 36 mths | More -> |
| 3.70% | Bigbank | EUR | 36 mths | More -> |
Leading EUR Deposit Rates – Any Term
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 4.10% | Bigbank | EUR | 12 mths | More -> |
| 4.00% | Akciju sabiedrība "LPB Bank" | EUR | 12 mths | More -> |
| 4.00% | Signet Bank AS | EUR | 12 mths | More -> |
| 4.00% | Rietumu Banka | EUR | 60 mths | More -> |
| 3.95% | Bigbank | EUR | 12 mths | More -> |
Top Subordinated Deposits
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 5.00% | BluOr Bank AS | EUR | 60 mths | More -> |
| 6.00% | BluOr Bank AS | EUR | 84 mths | More -> |
Top USD Deposit Rates – Any Term
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 4.00% | Signet Bank AS | EUR | 36 mths | More -> |
| 3.50% | Signet Bank AS | EUR | 24 mths | More -> |
| 3.25% | Signet Bank AS | EUR | 12 mths | More -> |
| 3.00% | "Swedbank" AS | EUR | 12 mths | More -> |
| 3.00% | Akciju sabiedrība "Citadele banka" | EUR | 12 mths | More -> |
Top GBP Deposit Rates – Any Term
| Interest rate | Bank | Currency | Term | |
|---|---|---|---|---|
| 3.25% | Signet Bank AS | EUR | 36 mths | More -> |
| 3.00% | Signet Bank AS | EUR | 24 mths | More -> |
| 2.75% | Signet Bank AS | EUR | 12 mths | More -> |
| 2.50% | Signet Bank AS | EUR | 9 mths | More -> |
| 2.00% | Signet Bank AS | EUR | 6 mths | More -> |
And that's just the start. Our vast database covers 1000+ banks in 25 European countries, showcasing 15,000+ products. Ready to dive in? Visit our site for Europe's dynamic deposit market details. Your financial adventure awaits!
