Latest

02.04.2025

Latvijas Banka is issuing insurance licences to AS Sincera Insurance

On 2 April, the Supervision Committee of Latvijas Banka decided to issue insurance licences to AS Sincera Insurance for the following classes of non-life insurance: land vehicles (other than...

01.04.2025

The value of counterfeits decreased by a third in 2024

In 2024, 1304 counterfeit euro banknotes and coins were detected in Latvia, including 593 and 711 counterfeit banknotes and coins respectively. Although the number of detected...

01.04.2025

Mandatory payee verification: the next step in enhancing security

In an era where digital payments have become integral to daily life, their security and accuracy is of utmost importance. There are still instances where individuals make errors when providing payment...

01.04.2025

The digital euro project: latest developments and public opinion

Recent geopolitical developments have intensified the debate on the need for a digital euro and its role in reinforcing the strategic autonomy of the euro area in the realm of digital payments....

31.03.2025

"Payment Radar": non-cash payments in Latvia have reached a record-breaking share

The most recent (spring 2025) "Payment Radar" published by Latvijas Banka suggests that the ratio between non-cash and cash payments in Latvia was 78% to 22% in February 2025. This...

28.03.2025

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

On 26 March, the Supervision Committee of Latvijas Banka issued an electronic money institution operating licence to AP OPERATIONS SIA.

24.03.2025

Voting for the best collector coin of 2024 is open

From 24 March to 6 April 2025, Latvijas Banka, in cooperation with the news portal Delfi, organises the traditional public vote "Latvia's Coin of the Year 2024". This vote will, for the...

11.03.2025

Latvijas Banka will also provide IBAN and beneficiary name verification at the Eurosystem level

Today, the European Central Bank (ECB) issued a statement announcing that Latvijas Banka and Banco de Portugal will provide verification of the beneficiary's name/title against the specified...

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