Indexo
in Latvia 🇱🇻
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About Indexo in Latvia
Indexo is Latvia's newest digital bank and the first credit institution to receive a banking license in Latvia since the country joined the Eurozone. Authorized on May 16, 2024, by the European Central Bank, Indexo is a modern, fully digital bank focused on retail banking services for Latvian residents. The bank is a subsidiary of INDEXO financial services group, which has been operating as a pension fund management company since 2017.
Indexo positions itself as a locally-owned alternative to the foreign banks that dominate Latvia's banking sector, with a mission to increase competition and innovation in Latvian financial services. The bank is publicly listed on Nasdaq Riga stock exchange with approximately 6,000 shareholders.