On September 10,  BluOr Bank organised a webinar, during which the Chairman of the Management Board and the CEO Dmitrijs Latiševs, the Chief Financial Officer Nataļja Fokina and the Chief Investment Officer Pauls Miklaševičs introduced the Bank’s financial results, its strategy and development plans, as well as the public bond offering.

To watch the webinar recording, please visit: 

https://www.youtube.com/watch?v=TcZuOTP6GvI&list=PLeOLX3TaNx_9beN29GiSABM4b-SRJEhJ2.  

About the Bond Offering

BluOr Bank is offering investors in Latvia, Estonia, and Lithuania the opportunity to purchase subordinated bonds. The total planned issuance volume is EUR 30 million, divided into several tranches. Conditions of the first tranche: 10% fixed annual interest rate, the nominal value of the bonds is EUR 1,000, with interest payments made quarterly.

The subscription period will run from September 9 to September 27.

The Base Prospectus for the subordinated bond issuance is published on the bank’s website in the Investors section under Documents

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 businesses and individuals, loans to small and medium-sized companies, asset management and brokerage services.

According to the Bank’s development 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

         Aleksandrs Kņazevs
         Compliance Control Department Lawyer
         Tālr. +371 29187610
         e-pasts: aleksandrs.knazevs@bluorbank.lv
         
         Nataļja Fokina
         Chief Financial Officer
         Phone: +371 26424732
         E-mail: natalja.fokina@bluorbank.lv