Market

AS "PNB Banka"

Registration number
40003072918
Legal address
Elizabetes iela 15 - 2, Rīga LV-1010
Country of origin
Latvia
Supervisory authority

Administrator of insolvency – Vigo Krastiņš

Market segments

Market segment
Credit institutions
Phone
67041100
E-mail
Website

Sanctions

Type of infringement
Violations of the Law on International Sanctions and National Sanctions of the Republic of Latvia and the FCMCs regulation.
Date
10.09.2019
Status
In force
Sanctions applied
Expresed a public announcement by indicating the nature of the violation.
Related article

Type of infringement
Violation of the provisions of the Credit Institution Law: for failure to submit and publish audited annual report
Date
14.05.2019
Status
In force
Sanctions applied
A fine of 4 260 euro
Related article

Type of infringement
1) Breaches of AML/CTF law and FCMC regulatory requirements: weaknesses in customer due diligence and transaction monitoring that led to the situation that bank had been used to circumvent international sanctions requirements imposed against North Korea;
Date
19.07.2017
Status
In force
Sanctions applied
A fine of 1 324 667 euro. Warnings, issued to the AML/CTF responsible officials of the bank
Related article

Type of infringement
Breach of the Credit Institution Law – the bank failed to comply with FCMC requirements for crediting processes
Date
02.03.2016
Status
In force
Sanctions applied
Warning
Related article

Type of infringement
Violation of the Regulations on the Preparation of Public Quarterly Reports of Credit Institutions: Shortcomings in the published performance reports: Q1 and Q2 2014
Date
07.11.2014
Status
In force
Sanctions applied
Warning
Related article

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

Learn more

Contacts


Address:
Kungu iela 1, Riga, LV-1050
Phone:
6 7774800
E-mail:
Previous sign-in to the secretary:
67 774 801
Data protection:

Follow the news


Subscribe to the news and receive important industry-related information in your e-mail