On October 4, 2023, the extraordinary meeting of BluOr Bank AS shareholders adopted a decision on the approval of a new BluOr Bank AS bond issuance programme for issuing non-convertible, unguaranteed and unsecured subordinated bonds for a total amount of up to EUR 4 million.

The funds raised are intended to be used for the development of the loan portfolio.

About BluOr Bank:

BluOr Bank AS is a privately owned commercial bank of Latvia. The Bank was established in 2001. BluOr Bank AS provides a full range of banking services: daily banking services for corporate and individuals, loans to small and medium-sized companies, asset management and brokerage services.

According to the Bank’s strategy, the main business segment is corporate banking with a focus on small and medium-sized companies and corporate lending.

Additional information: https://www.bluorbank.lv

For contacts:

Ingrīda Šmite

Head of Corporate Communication and marketing department BluOr Bank

Ph.: +371 67 034 257

pr@bluorbank.lv

ingrida.smite@bluorbank.lv

www.bluorbank.lv