Luminor Group in the news

OTP Group is reportedly looking to buy Luminor Bank from its majority owner, Blackstone, for an estimated 2.1 billion euros.

Luminor Bank introduced the Luminor Investor platform enabling low-threshold investments in a wide range of financial instruments to boost Baltic household investment levels.

Anželika Dobrovoļska, with broad investment and management experience including at Luminor, is now leading Swedbank's investment management in Latvia, which manages over 2.5 billion euros in pension assets.

Anželika Dobrovoļska, with broad investment and management experience including at Luminor Group, became head of Swedbank Investment Management, Latvia's largest pension fund manager.

Luminor aims to acquire Hungarian OTP Bank, while Blackstone plans to sell Luminor for around 2.1 billion euros.

Nordea and DNB banks are merging to form Luminor Bank, a new Pan-Baltic financial services provider.

Hungary's OTP bank, active in Russia, plans to acquire Baltic-based Luminor Bank.

EIB and Luminor signed a €332M financing deal to support Baltic businesses' growth and green transition efforts, with significant regional focus.

Blackstone plans to sell Luminor Bank this year, targeting a price 1.2 times its 1.6 billion euro book value, ending its strategic investment in the Baltic bank.

Blackstone is making a strategic long-term investment in Luminor Bank, acquiring majority shares and supporting its growth and planned stock market listing within a few years.

Luminor Bank launched the Luminor Investor platform to enable accessible investments in various financial instruments across the Baltics.

AS Latvijas balzams finalized a 3.6 million euro collateral deal with Luminor Bank to support Amber Beverage Group Holding S.\u00e0r.l.'s acquisition of Think Spirits Pty in Australia.

OTP Bank, which operates in Russia, aims to acquire Luminor Bank from Blackstone, with a potential sale price of 2.1 billion euros.

Blackstone is acquiring a 60% stake in Luminor Bank to support its growth and transformation into an independent Baltic financial services group.

Blackstone will become majority shareholder of Luminor Bank by acquiring 60%, aiming to support its growth and set global operational standards in the Baltic region.

Blackstone is preparing to sell Luminor Bank, a major Baltic financial institution, aiming for a price above its book value with a potential deal this year.

Luminor Bank introduced the Luminor Investor platform enabling low-threshold investments in a wide range of financial instruments to boost Baltic household investments.

Blackstone is preparing to sell Luminor Bank, a major Baltic financial institution, aiming for a sale price above its €1.6 billion book value.

Luminor piešķīrusi 700 000 eiro finansējumu SIA X GROUP jaunu metālapstrādes iekārtu iegādei, atbalstot uzņēmuma izaugsmi un ražošanas efektivitāti.

Luminor launched Drošība+ insurance that protects clients from fraudulent card payments, covers up to 3000 euros per year, and offers free worldwide card replacement.