
Grecinieku 6, Riga, LV- 1050, Latvia
Phone: + 371 6 7000 444
E-mail: info@bib.eu
The third annual “Wealth Management & Private Banking: Russia & CIS” conference is beginning in Moscow today, April 17. It is the largest conference for the private banking services sector in the Baltic States and the CIS which traditionally brings together professionals and experts from the sector.
In 2011, Baltic International Bank saw a 47-percent increase in customer deposits – one of the best results in Latvia’s banking sector. On an aggregate basis, deposits held by private and corporate clients totalled 195.9 million lats at 2011-end. Driven by deposit growth, the total assets surged by 38 percent to reach 232.5 million lats as at 31 December 2011.
In 2012, Baltic International Bank placed particular emphasis on educational programme specifically geared for future wealth heirs.
From the March 26, 2012, our customers’ payment orders for payments in Russian Rubles (RUB) and Belarusian Rubles (BYR) should be submitted for execution within the same day before 13.00 (Latvian local time). The changes are introduced due to switching to summer daylight saving time in Latvia.
Co-compiled by Baltic International Bank and invited experts, the TOP List reveals the most significant investment events witnessed in the CIS/ Baltic region during the second half of 2011.
Driven by our commitment to make banking more convenient for clients, we have unveiled a state-of-the-art solution to enhance security for our online banking users.
At the invitation of His Royal Highness the Prince of Wales Charles, Baltic International Bank Council Chairperson Valeri Belokon attended the annual meeting of The Prince’s Foundation for the Built Environment, which was held late in January at St James’ Palace in London.
We have updated our fee schedule. Fee amendments include the following: account service fees (current account and multicurrency account), paperwork and banker’s reference fees, and intra-bank transfer fees. Effective from 1 April 2012, the revised fee schedule is already available on our website.
At the beginning of January, Latvia’s Ambassador to the Holy See Einars Semanis paid a courtesy visit to Pope Benedict XVI. During the meeting at the Vatican, the Ambassador had the great pleasure of presenting the Latvian-translated book Light of the World to His Holiness Benedict XVI.
We offer our customers Yuan-denominated transfers to facilitate their settlements with foreign business partners as the Chinese Renminbi (RMB), also known as the Yuan (CNY), is gaining a more powerful role in international trade.
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