News

PrivatBank announces new enrolment to JuniorBank school of financial competence for children

For eighth consecutive year, upon beginning of the new academic season, PrivatBank offers a free extracurricular educational program in extremely important financial competence for children of elementary school age. The main purpose of the JuniorBank school is to help children to acquire fundamental knowledge and practical skills in financial sphere, which are not usually taught […]

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Disruptions are possible in operation of the PrivatBank phone network.

Dear clients, Due to technical problems on the part of communication service provider, on 19 August 2019, disruptions are possible in operation of the PrivatBank phone network. The Bank operates as usual, providing a full range of services in eleven branches of the Bank, as well as on the Internet bank and on the Bank […]

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PrivatBank will replace code card with safer solutions

From 13 September 2019, payment service providers must significantly increase the security of customer authentication tools and limit the range of services available to the customers who authenticate in the remote account management system (Internet bank) using a code card. Customers can now apply for the most safe and acceptable payment verification tool for convenient […]

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PrivatBank Integrates Nordigen’s Transaction Categorisation Solution

PrivatBank is expanding its scope of open banking solutions by integrating Nordigen’s account data transaction categorisation engine. This allows PrivatBank to make faster, more precise and ultimately more responsible lending decisions. As part of its open banking initiative, PrivatBank is leveraging customer transaction data to offer their customers better tailored digital banking services. To gain […]

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Changes in the PrivatBank Price list

Dear Customers, we would like to draw your attention to the following information. On 1 August 2019, changes in fees which are applicable to legal entities, nonresidents of the Republic of Latvia come into effect. Settlement account Opening and Servicing Before After Regular monitoring and analysis of account activity – 500 EUR Regular monitoring and […]

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How to feel safe when you receive a call from an unknown telephone number?

Unfortunately, in recent years, in Latvia, phone frauds are becoming more frequent. Fraudsters try to gain the trust of the recipient of the call by different means to receive information and squeeze money. Fraudsters can call pretending to be representatives of financial institutions, police or a well-known company. Fraudsters may sound very reliable and professional. […]

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PrivatBank issues a lease for a specialised machinery with a reduced CO2 emission

Supporting the equipping of machinery parks with modern and eco-friendly specialised solutions, PrivatBank has financed the purchase of a wheel loader Hyundai HL955 and a road‑milling machine Wirtgen W130F. It will allow to constantly ensure a high quality and diversity of services provided by their buyers and leading industry companies: the lessor of a specialised machinery SIA RSC noma and […]

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The amount of mortgage loans has increased multiple times

The first half of the year has ended and we interviewed Vaira Filipsone, the head of Mortgage Loan. Vaira, the final reports show that the amount of mortgage credits granted has increased multiple times. It is true, 2019 has started with a very positive dynamics and the reason for this is an active work of […]

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