The emergence of Latvia

Latvia has been part of the European Union since May 1 st 2004, this is a security in itself.
Recent years have been marked by a policy of stabilisation that has allowed the sustained growth of its GDP.
The Latvian economy shows nowadays stable indicators and an environment propitious for businesses.
Also of note is the originality of its banking sector which lies in the fact that deposits by non-residents currently represent more than 50% of total bank deposits.

Our banking partner in Latvia

Since it was established in 1992, this private bank has expanded itself on an international level and benefits in its own country from the Latvian boom. Nowadays, this bank competes with western banks in terms of security, services and innovation. It is in fact one of the rare Latvians banks benefiting from the support of the notation agency Fitch, which remains positive on its long and short term notes.

Advantages of having an account in Latvia:

• Free management of account charges and low-level of withdrawal charges
• Extremely competitive prices for all services
• Comprehensive range of international banking services
• Extremely competitive investment solutions
• Visa card available when you open your account
• An increased banking secrecy. A very effective legislation
• Very high limits on cash withdrawals

Open a bank account in Latvia with FBS Banking

Due to our privileged relationship with our Latvian partner, we are able to benefit from simplified administrative formalities when opening a bank account.

In addition, our local offices mean we can get in touch with the bank very quickly and efficiently to deal with all your queries.