BluOr Bank AS (former names: BlueOrange Bank, Baltikums Bank, Baltikums) is a Latvian bank founded in 2001. The central office is located in Riga.

BluOr Bank AS
Company typeCorporation
IndustryFinance
FoundedJune 22, 2001
Headquarters,
Latvia
12,566,000 (2023) Edit this on Wikidata
Total assets923,860,000 Euro (2023) Edit this on Wikidata
Number of employees
211 (2023) Edit this on Wikidata

History edit

The bank was founded on June 22, 2001, as a joint-stock commercial bank "Baltikums". In September 2017, the bank also changed its legal name to BlueOrange Bank.[1] In summer 2017, the bank financed the opening of a new educational recreation area in Riga.[2]

In February 2018, BlueOrange installed the first contactless card ATMs in Latvia.[3][4] In May 2018, BlueOrange became the first online bank in Latvia.[5][6] In December 2021, according to the FKTK Council's 21.12.2021 decision, the bank is ranked among five systemically important financial institutions in Latvia.[7]

On March 21, 2022, the bank was renamed BluOr Bank AS.[8]

References edit

  1. ^ "BluOr Bank, AS". www.firmas.lv (in Latvian). Retrieved 2023-04-25.
  2. ^ "Lucavsalā atklāts jauns vides objekts". Dienas Bizness (in Latvian). Retrieved 2023-04-25.
  3. ^ "FOTO: BlueOrange Bank uzstāda Latvijā pirmos bezkontakta karšu bankomātus". Dienas Bizness (in Latvian). Retrieved 2023-04-25.
  4. ^ "Latvijā sāk uzstādīt pirmos bezkontakta karšu bankomātus". tv3.lv (in Latvian). Retrieved 2023-04-25.
  5. ^ "BlueOrange kontu Latvijā turpmāk varēs atvērt arī attālināti". Dienas Bizness (in Latvian). Retrieved 2023-04-25.
  6. ^ "Lai atvērtu bankas kontu, vairs nekur nav jābrauc. Dari to internetā!". LA.LV (in Latvian). Retrieved 2023-04-25.
  7. ^ "Sistēmiski nozīmīgas iestādes". 2022-06-29. Archived from the original on 2022-06-29. Retrieved 2023-04-25.
  8. ^ "BlueOrange Bank mainījusi nosaukumu". Dienas Bizness (in Latvian). Retrieved 2023-04-25.