Mission

Our Tasks

Main tasks of Aizkraukles Banka’s activities result from the unique situation in which Latvia and its financial system are situated.

Our mission is to become the leading independent private bank in the Eastern Europe, combining all banking services, including asset management and advisory services, in a single customer-tailored offer.

Values: what’s More Important to us than Profit

Ethics

The banking industry is a part of our lives. Our business standards are exactly the same as in other spheres of human activity: to speak openly with our clients, employees, and with society; to keep our promises; and not to take part in morally or legally shady deals.

Customer Satisfaction

The banking industry is a service industry. The services offered can’t happen in the absence of  clients who use them. Banking business won’t be successful if clients aren’t satisfied with the service quality. To satisfy our customers, we need to surpass their expectations, and offer service better than they supposed to get.

Risk Management

Banking is a high-risk business. To make a profit we need to manage risks effectively. Risks reduction requires their thorough and prudent estimation. One cannot work with what one doesn’t understand. At our bank we have a system of financial risks monitoring and control that enables us to trace potential problems, to reveal them and thus limit risks.

Independence

AB.LV is proud of its status of the independent private bank. This provides us with the opportunity to work effectively, making efficient decisions and assuming full responsibility for them. This contributes to eliminating conflicts of interest probable if the bank is a part of a group of companies.