Swedbank is Latvia's largest universal bank and a member of the Swedbank Group, a Swedish multinational banking corporation. As a credit institution authorized by the European Central Bank, Swedbank commands a dominant 34.91% market share in Latvia with total assets of 10.6 billion EUR as of 2024. The bank focuses primarily on retail banking for private individuals and small to medium-sized enterprises (SMEs), while also offering comprehensive corporate banking services, making it a cornerstone of Latvia's financial system.
