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Magnetiq Bank AS (Latvia)

Main Activities: Commercial Banking | Other Depository Credit Intermediation
Full name: Magnetiq Bank AS Profile Updated: March 24, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Magnetiq Bank AS is based in Latvia, with the head office in Riga. The enterprise operates in the Commercial Banking industry. The company was established on September 05, 2008. It currently has a total number of 101 - 500 (2024) employees. From the latest financial highlights, Magnetiq Bank AS reported a net sales revenue drop of 7% in Q3C2024. A negative growth of 9.79% was recorded in its total assets.

Headquarters
Brivibas iela 54
Riga; Riga; Postal Code: 1011

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Website: http://www.lpb.lv

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 05, 2008
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
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Member of Management Board
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Member of Management Board
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Magnetiq Bank AS report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net Interest Income
-7%
Net Fee and Commission Income
-30.99%
Operating Profit
-11.62%
Net Profit/Loss for the Period
N/A
Total Assets
-9.79%
Total Equity
6.25%
Total Assets Trend
-1.55%
Net Interest Income Trend
N/A
Cost / Income
2.92%
Loans / Assets
1.19%

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