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06.02.2025

The Saeima elects Mārtiņš Kazāks Governor of Latvijas Banka

Today, on 6 February 2025, the Saeima of the Republic of Latvia elected Mārtiņš Kazāks Governor of Latvijas Banka for a term of five years. For Mārtiņš Kazāks, this is the second...

30.01.2025

Latvijas Banka invites borrowers to consider options of refinancing mortgage loans and avoiding overpayment

Amendments to a number of laws and regulations came into force in 2024 to simplify mortgage refinancing between lenders for residents. Until now, residents have used this option rather infrequently,...

03.01.2025

Financial market supervision priorities: resilience, business model sustainability, and risk management

Over the next three years, the priorities for the supervision of the financial market and its participants by Latvijas Banka will be operational and financial resilience, business model sustainability...

02.01.2025

Latvijas Banka now accepting applications for EU MiCA licence

As of 2 January, Latvijas Banka, the central bank of Latvia, is officially accepting applications for the EU MiCA licence.

02.01.2025

Latvijas Banka is issuing an electronic money institution operating licence to SIA Paytegra

The Supervision Committee of Latvijas Banka has issued an electronic money institution operating licence to SIA Paytegra.

19.12.2024

The Saeima has appointed Māris Kālis as the acting Governor of Latvijas Banka until a new Governor is elected

Today, on 19 December, the Saeima failed to elect the Governor of Latvijas Banka. To ensure the continuity of Latvijas Banka's operations, Deputy Governor Māris Kālis will assume the Governor's...

13.12.2024

Macroeconomic forecasts | December 2024

Latvijas Banka has published its latest macroeconomic forecasts (prepared in December 2024). In 2024, weak gross domestic product (GDP) growth (0.1%) and low inflation (1.3%) are expected in...

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