Macroeconomic forecasts | March 2023

Latvijas Banka has published its latest March 2023 macroeconomic forecasts drawn up amid persistently high uncertainty. The inflation forecast has been revised downwards for the entire...

Payment Radar spring 2023

Payment Radar spring 2023

"Payment Radar": the ratio between non-cash and cash payments is 67% to 33% in Latvia The most recent (spring 2023) "Payment Radar" of Latvijas Banka suggests that the ratio between non-cash and cash...


Latvijas Banka Releases its First Sustainability Disclosures Report

Latvijas Banka, the central bank of Latvia, has released its first sustainability disclosures report, providing transparency on its efforts to promote sustainable development and addressing...


In 2022, the Latvian insurance sector experienced a sharp increase in the amount of premiums written and claims paid

In 2022, a total of 679.1 million euro in insurance premiums was written in Latvia, which is 15.7% more than a year before, of which 21.1% were written in life insurance and 78.9% –...


Latvijas Banka submits an application for the liquidation of Baltic International Bank SE to the court

Based on the decision taken by the European Central Bank (ECB) on the withdrawal of the licence of Baltic International Bank SE, Latvijas Banka has prepared an application on the opening of the...