Highlights

• On the financial performance of Latvijas Banka in 2018

  19.03.2019

  The Board of Latvijas Banka has approved Latvijas Banka's financial statements for 2018; according to the above, Latvijas Banka's profit earned in 2018 was 14.6 million euro.
• 487.3 million non-cash payments totalling 203.0 billion euro were executed in Latvia in 2018

  28.02.2019

  In 2018, 487.3 million non-cash payments totalling 203.0 billion euro were made by customers of credit institutions, electronic money institutions, payment institutions, Latvijas Banka, VAS Latvijas Pasts and the Treasury in Latvia, averaging 1.3 million payments worth 556.2 million euro a day.
• Instant payments amounted to half a billion euro last year

  15.02.2019

  2.4 million instant payments totalling 494 million euro were made in Latvia in 2018. The above innovative interbank transfers, executed in a matter of seconds and available on any day and at any time of the day, can be used by already over 90% of the customers of Latvian commercial banks. Individuals and businesses appreciate the opportunity to make interbank transfers outside business hours, at weekends and on holidays.
• Number of counterfeits significantly down in Latvia

  29.01.2019

  Aleksandrs Antiņš (Head of the Cash Technology Division, Latvijas Banka)

  The ECB has published the latest statistics in the area of currency counterfeiting in the euro area today. Latvia, along with Estonia, Finland, Cyprus, Slovakia and Lithuania, traditionally ranks among the euro area countries with the lowest number of counterfeits per capita. In 2018, counterfeiting detected in Latvia decreased significantly, with the total number of counterfeits and their value declining by 24% and 14% respectively.