The growing global marketplace requires businesses expanding overseas to deal with global banks in Latvia. Latvia banks offer business owners the security of working with both local Latvia banks and banks with familiar names.

Latvia banking institutions also provide clients with the ease of working with their home based banks. International banks in Latvia give customers piece of mind when working on any side of the globe.

International banking in Latvia helps business owners expand easily into this growing global marketplace. Latvia banks get commercial customers the products they need to establish successful businesses or expand their global franchises to the Latvia economy. Work with banks in Latvia to:

1. Invest in the growing Latvia economy through Latvia banking institutions.

2. Understand the culture and climate of doing business in Latvia.

3. Strengthen your business presence through a Latvia central bank.

4. Establish your business as a competitor in the global marketplace.

Action Steps
The best contacts and resources to help you get it done

Find a bank of Latvia that has a trusted reputation in the global marketplace

Using a bank you know and trust helps get your business in Latvia up and running smoothly and efficiently. Having ready access to bank accounts through ATMs and multiple locations gives you peace of mind that your finances and business transactions are secure.

I recommend: Both Aizrikraukles Banka and Baltic International Bank have many locations throughout Latvia.

Use local Latvian banks as a resource for community involvement

Working with a local Latvia bank helps establish your business as a contributor to the local economy. A good relationship with a Latvia banking institution gets you recognized as a trusted partner in progress in your business location.

I recommend: Both Swedbank and Unicredit Bank have locations and branches throughout the country to serve all your business needs.

Compare Latvian commercial banks based on products offered and types of service

Each bank in Latvia has something different to offer clients. Look for banks with a variety of savings and investment tools without excessive fees. Also, look for banks that specialize in helping business owners.

I recommend: Check out SMP Bank and Danske Banka for a wide variety of banking options, locations, products and services throughout Latvia.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Do your homework about the culture of Latvia before beginning a relationship with a local bank of Latvia. Finding out what you need to know about etiquette and customs helps keep you from offending anyone before ever getting started.
• •  Make sure when banking in Latvia you have a well-qualified translator or someone in your financial institution to help you with language barriers. The official language of Latvia is Latvian, but there are five other languages spoken, so it's always a good idea to have someone who can help you if you need it.