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About Swedbank
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History Swedbank Latvia
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History

Year 2010
January
The generosity campaign Angels over Latvia has raised 380 600 Lats in donations. This sum is enough to offer financial assistance to 171 child that has cried out for financial help through Ziedot.lv
January
Swedbank is the first Latvian bank to offer children’s savings accounts as part of internet banking services
January
Swedbank Internet Banking facility lists already 120 pre-defined payments and provides access to e-services of over 10 enterprises
February
Swedbank launches ‘Let’s support our team together!’ support campaign to Latvian Olympic athletes taking part in the 21st Winter Olympic Games in Vancouver
February
Riga City Council and Swedbank announces the call for proposals in Take-off grant programme
February
Swedbank Open Pension Fund becomes the first Latvian public pension fund to publish its monthly reports on investment structure
March
Swedbank Insurance starts covering damages caused by melting snow
March
All Swedbank branch offices start offering special consultation hours on electronic services
March
The profit (0.709 million euros) in 2009 has enabled Swedbank Life Insurance to distribute extra profit for 2009 to all guaranteed-income savings clients
March
Swedbank and SEB sign agreement with European Investment Fund on management of SME credit portfolio worth 104 million euros
April
Swedbank Institute of Private Finances completes a survey on financial knowledge among school students
April
Wide support from clients participating in ‘Appreciate good service!’ campaign gives Swedbank the status of most appreciated financial institution.
April
Swedbank presents the State Fire and Rescue Service a gift certificate for safe driving course
April
Based on traveller claims, Swedbank Insurance decides to cover cancelled flight losses caused by volcanic ash
May
Swedbank Ieguldijumu Parvaldes Sabiedriba (Investment Management Company) joins other BaltCap venture capital fund investors with a view to supporting the Latvian economy
May
Swedbank Institute of Private Finances holds an international conference Development of Private Finances in Latvia – the Cornerstone of Economic Stability
May
Swedbank renews its commitment to implement the European Road Safety Charter
May
Swedbank Choir wins the international choral competition in Croatia
May
First 2010 Take-off grant programme beneficiaries announced
Year 2009

January
Riga City Council and Swedbank launch a unique initiative – a grants programme called Take-Off - aimed at providing support to SMEs.
January
Swedbank registers a non-life insurance company branch as part of its continued evolution in line with the concept of a universal bank.
January
in 2009, study loans and student loans will be issued by Swedbank, being the winner in the Finance Ministry’s tender.
February
from 12 February the position of the CEO of Swedbank Latvia is taken over by Mr Māris Mančinskis.
February
during the Week of Mission Possible, public figures, including Swedbank board members, are visiting schools.
February
Swedbank, jointly with the Latvian Choir Conductors’ Association and ziedot.lv, is holding a charity campaign for support of retired choir conductors With A Song We Will Help!March – Swedbank signs an agreement with the Latvian Guarantees Agency and will be able to apply state-supported guarantees for corporate loans.
February
Swedbank continues supporting and informing customers as the macroeconomic situations worsens.
February
the Latvian Olympic Committee and Swedbank sign a four-year cooperation agreement.
March
Swedbank Group announces strengthening of the management level by way of stepping up and extending the Group’s capacity in today’s challenging situation and laying foundation for successful growth
March
on the 17th March AS Hansabanka changes into Swedbank AS. The move will successfully complete the single brand implementation process initiated last year.
March
Swedbank switches off lights in its premises as part of participation in the Earth Hour.
March
a unique social anthropology study OPEN Trends Hunters is carried out in Latvia for the first time.
March
Swedbank Robur named the best Nordic fund management company for third consecutive year.
April
Swedbank organizes farmer markets in several spots in Latvia to support its customers.
April
Swedbank invites to an online exhibition of modern art collection.
April
Swedbank becomes active in non-life insurance.
May
Katrīne Pasternaka, the face behind the charity campaigns The Day of Goodness and Angels Over Latvia organized jointly by the broadcaster LNT, Swedbank and ziedot.lv, receives the Three Stars Medal.
May
Swedbank branches start accepting applications for receiving pension in the bank account.
May
Riga City Council and Swedbank congratulates 14 winners in the first round of the grants program contest Take-Off.
May
the heart-warming charity event The Day of Goodness is again taking place. Everyone is invited to join in by the broadcaster LNT, Swedbank and Ziedot.lv.
June
the charity campaign The Day of Goodness raises LVL 284,577.56 in donations!
June
Swedbank’s School Program ends the first school year.
July
The 2nd round of Swedbank and Riga City Council grant programme Take-off is launched
July
Swedbank’s Open Pension Fund records the fastest membership registration rate.
August
Clients can pay the more popular invoices free of charge and donate to charity organisation Ziedot.lv through all Swedbank cash deposit machines.
August
Swedbank introduces a new product ­ Family Life Insurance
August
Swedbank welcomes its one-million client in Latvia!

September
Already 52 000 Swedbank clients regularly use Swedbank’s Internet Banking Money Planner tool to manage their expenses
October
Swedbank School programme enters the 2nd study year
November
Swedbank joins the campaign ‘Speak Up!’ to inform clients on consumer rights
November
Swedbank Institute of Private Finances founded in Latvia, Estonia and Lithuania
November
Swedbank Private Banking celebrates its 10th anniversary
December
Swedbank Robur finalises acquisition of Swedbank Group fund management companies in Baltics
December
Swedbank Insurance starts offering travel insurance
December
Publicly highly-appraised generosity campaign Angels over Latvia is aired in a joint initiative of Swedbank, LNT TV channel and charity portal Ziedot.lv

Year 2008
January
Research: Hansabanka is the most sought-after employer in Latvia.
January
Hansabanka issues a contemporary art album unique for Latvia as it is the first time when such a large number of works by modern Latvian artists has been assembled together.
January
Hansabanka wins the tender for provision of study and student loans, and offers the widest range of study and student loans in Latvia.
February
The 2007 results of Hansa Open Pension Fund are posted, revealing that Hansa Open Pension Fund is the most rapidly growing fund in 2007.
February
Extremely successful improvements in retail banking allowed Hansabanka to have great financial performance in 2007 and consolidate market shares in key business sectors.
February
A unique national corporate social responsibility initiative in the area of education – Mission Possible – set up in November 2007 by Hansabanka, Lattelecom and the Fund for Partners for Ideas, starts accepting applications.
March
The New Riga Theatre and Hansabanka supports the charity program Dear Nanny, to provide support for parents of ill children.
March
First graduation from the Talent Academy.
April
Hansabanka organizes the Construction School – a series of seminars, which is a unique opportunity for those who are interested in getting comprehensive information about home building.
April
The number of clients of Hansabanka tops 900,000.
May
This autumn, Hansabank Group in the Baltics and Swedbank will join together under a single – Swedbank – brand with a view to becoming the leader of premium service in Europe.
May
Teachers at the Mission Possible programme are ready to start working.
June
Riga City Council and Hansabanka launch a program, titled A Boost, aimed at supporting businesses.
June
Research: Hansabanka is the No.1 company, whose Latvian economy forecasts the population trusts.
June
Hansabanka – for a fourth consecutive year, the leader of Company Reputation Top conducted by the newspaper Diena and Nords Porter Novelli.
June
Hansabanka, evolving in line with the concept of a universal bank, is to enter Latvian non-life insurance market. A non-life insurance company branch will be set up and is planned to start operating in the first half of 2009.
June
a garden of Olympic sculptures, devoted to Latvian athletes at the Beijing Olympic Games, is formally opened next to Hansabanka Headquarters.
June
Hansabanka cardholders have a unified pricelist for all Swedbank Group ATM – another step forward in preparation for implementation of single Swedbank brand.
July
the amount of private term deposits with Hansabanka tops half a million lati.
July
Hansabanka presents the new Internet banking site with improved design and usability – the personal financial advisor.
July
the first school year starts for participants in the national programme Mission Possible.
July
Hansabanka starts long-term cooperation with the Latvian Fund for Nature.
August
the share of deposits made via Hansabanka’s online banking facility has doubled.
September
1000 entrepreneurs in 11 Latvian local governments will start training as part of the E-Trained Entrepreneur project.
September
Hansabanka offers a new service – life insurance risk assessment over the phone.
September
Hansabanka develops a program for financial education of schoolchildren and launches cooperation with Latvian schools.
September
Hansabanka and the Council of Europe Development Bank to implement a SME financial program worth 50 mln euros.
September
from 15 September 2008, Swedbank is the new name of Hansabanka. From that day, as a next step in their evolution, the Hansabanka Group in the Baltics is adopting a single Swedbank brand – the name of a financial leader in Northern Europe and the Baltics.
October
Swedbank is awarded the honorary title of the Family Friendly Business.
October
Swedbank’s online banking service – recognized as the best in Latvia and Baltics for sixth consecutive year.
November
Swedbank Choir celebrates its fifth birthday.
November
over one third of Latvian schools take part in wastepaper gathering campaign organized by Swedbank and the Latvian Fund for Nature.
November
Swedbank awards 70 best Latvia’s regional teachers and their schools.
December
the influential British magazine The Banker credited Swedbank as Latvia’s Bank of the Year for a second consecutive year.
December
the charity campaign Angels Over Latvia, which is jointly organized by Katrīna Pasternaka, TV company LNT, Swedbank and ziedot.lv, raises a total of LVL 428,778.52 in donations. The original goal of the charity marathon was to provide support for five children, yet the overwhelming sympathy on the part of people enabled helping 106 sick children. Lots of THANKS to all good-willed people for their contribution to the fact that angels did descend upon Latvia!
Year 2007
November
The volume of assets in Hansabanka’s 2nd pillar retirement plans tops 100 million lats.
November
Hansabanka offers Latvia’s first loan for foreign studies without state guarantee.
December
The international banking industry magazine The Banker declares Hansabanka as Latvia’s Bank of the Year 2007.
December
A total of 124 487 lats are donated to the large families of Latvia in the Christmas Wonder charity campaign organized by LNT television company and ziedot.lv charity portal, and supported by Hansabanka.
Year 2004
January - Extremely successful closing of the first year for management of the 2nd pillar pensions by Hansabanka with the total of 120,000 participants and 50% of all the privately managed pension assets attracted
February - Hansabanka increases its fixed capital by 36 million lats
February - Irina Pigozne, the Director of SIA Hansa Lizings, appointed a Member of the Board of Hansabanka
March - According to the opinion poll held by SKDS, the public acknowledges Hansabanka to be the bank enjoying the best brand recognition (publicity) in Latvia
March - Hansabanka extends the maximum repayment term of mortgage loans to 30 years.
April - Hansabanka representative Mr Druvis Murmanis assumes management of Hansabanka Group’s Russian operations.
May - Hansa Lizings consolidates its leading positions in passenger car lease market
June - For the first time in Latvia, stock financing is offered to companies
July – The economy magazine Euromoney names Hansabanka the bank of the year in Latvia
August - According to the SKDS opinion poll, Hansabanka is convincingly recognized the most reliable bank in Latvia
September - Hansabank Group acquires the Russian-based Kvest Bank
September - Information gathered by the Latvian Commercial Banks’ Association indicates that Hansabanka is the No.1 bank in mortgage lending market in Latvia.
October - Hansabanka becomes the largest 2nd pillar pension manager is Latvia outperforming even the State Treasury
November - Hansabanka Headquarters in Riga, Balasta dambis 1a, officially opened
December - Hansabanka disburses 1 million EUR for a programme aimed at supporting business women
Year 2003
February - 50,000 customers registered with Hansa Pensions
February - The foundation stone is laid for Hansabanka Headquarters
March - The assets managed by Hansa Fondi amount to over 10 million lats
April - Already for the second year Hansabanka holds a Spring Conference on the topic “Our Experience for Europe”
May - The number of customers using the Hansabanka Internet bank hanza.net reaches 200,000
May - The retail lending portfolio of Hansabanka reaches beyond 100 million lats
May - Hansabanka engages in the third-tier pension system
June - 80,000 customers registered with Hansa Pensions
June - Hansabanka provides financial support to participants in XXIII National Latvian Song Festival
August - Hansabanka sponsors the international regatta Cutty Sark Tall Ships’ Races and provides a chance for over 500 children from all over Latvia to be present at the regatta
August - Hansabanka receives the largest syndicated loan to-date – 65 million euros, to be channelled to financing development of Latvian companies
October - Ms Irina Pigozne becomes the new Director of SIA Hanza Lizings
October - Number of Hansabanka customers reaches 400,000
October - Hansabanka becomes the second largest bank in terms of consolidated assets
November – Launch of a series of conferences about the European Union, supported by Hansabanka
November - Already for the second year running, the Christmas Wonder-Truck project is carried out with support from Hansabanka.
December - Already for the second year a Hansabanka employee is awarded the title of the best sales and customer service specialist in Latvia
December - Hansabanka is recognized for its success in issuing 250,000 VISA cards
December - The charity portal www.ziedot.lv is launched with support of Hansabanka
Year 2002
January – Hansabanka is awarded the contract in the tender on the right to disburse state-guaranteed loans to students.
February – Hansabanka’s cash collection operations are delegated to the company Group 4 Falck Latvija.
February – newspaper Dienas Bizness recognizes Hansabanka the best bank in Latvia.
March – Hansabanka wins the Latvian Student Association award – Student Benefactor of the Year.
March – in the opinion poll about safety of Latvian commercial banks, the public admits Hansabanka to be the safest bank in Latvia.
March – 300,000th Hansabanka’s payment card is issued.
April – Hansabanka introduces the Corporate InfoLine.
May – For the first time in Latvia, to mark its 10th anniversary Hansabanka holds a Spring conference on development of small and medium-sized enterprises.
May – Hansabanka’s Internet bank hanza.net has 100,000 customers.
June – Hansabanka becomes the owner of investment company Hansa Fondi.
June - Hansabanka increases its fixed capital by 6 million lats.
June – the investment company Hansa Fondi obtains a licence for management of state-funded pension schemes.
June – Hansabanka’s Mobile Bank has 30,000 customers.
August – Hansabanka has 300,000 customers.
August – Regional Credit Committees start their work
September – State Social Insurance Agency and Hansa Fondi sign agreement on management of the 2nd tier pension assets.
September – Hansabanka issues the 10,000th mortgage loan.
September – Hansabanka introduces a new Internet Bank for businesses – Telehansa.net.
October – Hansabanka starts offering a new service - Hansa Pensions - to its customers.
November – Hansabanka sets up its first free-of-charge Internet bank computer outside the bank’s premises at the Riga Railway Station.
November – the network of Hansabanka branch offices and sub-branches includes 60 points of service for its customers.
November - Hansabanka implements an unprecedented Christmas charity campaign in Latvia – Christmas Wonder-Truck journey.
December – Hansabanka issues the first international smart card in the Baltic countries and Scandinavian region.
Year 2001
January - Hansabanka engages in active launch of new e-commerce services
February - Hansabanka develops and introduces a new and unique payment system in the Internet in Latvia - Bank Link
March - Hansabank's share capital is increased to 34.04 million LVL
April - Hansabank Group and the Lithuanian State Property Fund sign agreement on purchase of 90.73% of shares of Lietuvos Taupomasis Bankas (LTB) owned by the Republic of Lithuania
June - Hansabanka and LMT develop and introduce a full service Mobile Bank
July - number of users of Internet bank hanza.net of Hansabanka exceeds 40,000
July - a representative of Hansabanka along with representatives of the Ministry of Economy of the Republic of Latvia take part in a videoconference on the development of e-commerce organised by the US government
July - Hansabanka wins a tender organised by the Ministry of Finance of the Republic of Latvia and obtains the right to issue loans to students under the state guarantee
September - a new service is offered to private customers - a credit line
September - Hansa Lizings introduces its first payment card - EGO, designed to buy goods and services under hire-purchase plan
September - Hansabanka in Latvia effects the first international transaction by smart card
October - fixed capital of Hansabanka is increased by 12 million lats
October - number of users of Mobile Bank reaches 10,000
October - Hansabanka commences a long-term co-operation with the Latvian Olympic Committee
November - number of payment cards issued by Hansabanka exceeds 265,000
December - agreement on purchase of shares of SIA Hansa Lizings concluded
December - Hansabanka commences co-operation with the Latvian National Opera
December - Hansabanka introduces a new service - Investor, to help customers manage their investments on the Internet
December - 1 million payments effected over the Hansabanka Internet bank hanza.net
Year 2000
February – Hansabanka receives a 30 million euro credit line for the purpose of financing small and medium-sized companies
February – Hansabanka signs agreement on acquisition of 100% shares in Ventspils UBB
March – Hansabanka commences mortgage lending to private individuals with contract maturity up to 20 years
April – Hansabanka in co-operation with LMT (Latvian Mobile Telephone) introduces a new service – Mobile Bank
May – Number of Hansabanka ATMs reaches 100
May – Hansabanka introduces a new version of Internet bank
June – Hansabanka receives from Estonian Hansapank the subordinated capital in the amount of 7 million euro.
June – the Republic of Latvia’s Enterprise Register incorporates Ventspils UBB as Ventspils branch of Hansabanka.
August - Hansabanka and the Stockholm School of Economics in Riga (SSE) conclude co-operation agreement
October - Euromoney gives Hansabanka a "Euromoney Award for Excellence" as the "Best Latvian bank with foreign capital"
November - Hansabanka upgrades its technologies and changes the banking system
November – a new version of Internet bank hanza.net introduced
Year 1999
May – the number of Hansabank - Latvia branches and sub-branches reaches twenty nine
June – the name Hansabank - Latvia replaced by Hansabanka
August – number of Hansabanka ATMs reaches 70
November – the 50,000th account card issued
December– Swedbank acquires additional 2.66% of the Hansabank Group shares, thus increasing its shareholding in the Hansabank Group to 52.64%.
December – letter of intent on acquisition of Ventspils UBB shares executed
December – introduction of a new service – Telephone Bank
Year 1998
November – merger of Hansabank Latvia and Latvijas Zemes banka
November – the Swedish “Swedbank” joins Hansabank Group by acquiring 49.98% of the Hansabank Group shares
November – introduction of the risk management policy
Year 1997
May - Hansa Link, an Internet payment system, introduced
July – launch of the telephone service Hansa Info
October – Hansabank - Latvia obtains its own SWIFT connection
November – Hansabank – Latvia becomes a full member of Europay and starts issuing international Eurocard/Mastercard and Maestro payment cards
November – Hansabank – Latvia receives a USD 4 million subordinated loan from the European Bank for Reconstruction and Development for ten years;
Year 1996
June – Hansabank acquires 100% shares in German - Latvian Bank
Year 1995
June – the first ATM installed
July – a USD 12 million credit line opened with the European Bank for Reconstruction and Development
November – a licence for operations on the Riga Stock Exchange obtained
Year 1993
August - the electronic payment system Hansa Plus introduced
December – connection to SWIFT
Year 1992
May 8 – German - Latvian Bank (Deutsche - Lettische Bank) established and a licence for commencement of banking operations issued