Global Finance names Baltic International Bank as the Best Digital Bank in Latvia

News - August 14, 2020

Baltic International Bank has been announced a winner of World’s Best Digital Bank Awards 2020 by Global Finance and recognised as the Best Digital Bank in Latvia.

“We are pleased and honoured that our work has been appreciated at the international level! This victory is yet another indication that the development strategy chosen by the Bank was correct and that we have created the product our clients need. The title of the Best Digital Bank in Latvia is additional encouragement to continue along the path of active work on improving digital services, thinking about the interests and needs of our customers,” says Jānis Osis, Head of Digital Channel Development of Baltic International Bank.

Winning Round One of World’s Best Digital Bank Awards 2020 and receiving recognition as the Best Digital Bank in the country makes it possible to continue participating in Round Two of the competition in which Baltic International Bank aims for the title of the Best Digital Bank in Central and Eastern Europe.

In April this year, Baltic International Bank introduced the new Internet Banking, offering improved functionality, increased user friendliness as well as updated security solutions.

The Internet Banking of Baltic International Bank provides for multilevel signing of payments and multilevel approval of applications as well as for using the function of instant payments, which can be selected from the list of beneficiaries. A smart payment form that adapts itself depending on the information entered by the customer has also been introduced. To process several payments in a quick and easy manner, the Bank has implemented payment import and payment summaries export, a search function and simultaneous approval of several payments. 

Over the twenty-one years of its existence, World’s Best Digital Bank Awards has become one of the most prestigious competitions, and receiving an award in any segment of the competition is considered one of the highest recognitions in the industry, demonstrating excellence in digital financial services.

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