Signet Bank shows stable business results in Q1 2023

In the first quarter of this year, Signet Bank provided financing to Latvian entrepreneurs in the amount of 20.6 mln EUR, which led to an increase in the bank’s loan portfolio at the end of the first quarter by 10%, compared to December 31, 2022, and reached 118 mln EUR.

Also in 2023, the bank’s management sees significant development prospects. In addition to lending and arranging bond issuance, Signet Bank has clear growth opportunities in servicing corporate clients and providing investment services.

More information can be found here