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

History

The bank was established on June 22, 2001 as a joint-stock commercial bank "Baltikums". In January 2017, the bank also changed its legal name to BlueOrange Bank. In the summer of that year, the bank financed the opening of a new educational and leisure area in Riga.

In March 2018, BlueOrange installed the first contactless card ATM in Latvia. In June 2018, BlueOrange became the first online bank in Latvia. In December 2021, the bank was listed as one of the top five systemically important Financial Institutions Groups in Latvia, based on a 7-year decision of the FKTK Committee.

On November 8, 2022, the bank was renamed BluOr Bank AS.

The banking landscape has been undergoing earth-shaking changes, with online platforms making financial services more accessible than ever. BluOr Bank, one of the largest Financial Institutions Groups in Latvia, is one of the digital frontrunners in the banking industry. BluOr Bank was founded in 2001 as Baltikums Bank and renamed in 2022, offering a wide range of services to private and corporate clients. This comprehensive review aims to clarify everything you need to know about this dynamic institution.

Type of company Banking Industrial Finance Established June 22, 2001 Head office Latvia Net income 12,566,000 (2023) Total assets 923,860,000 euros (2023) Number of employees 211 (2023)