Banka Baltija
Banka Baltija was a Latvian commercial bank that became the country's largest financial institution before collapsing in 1995 due to insolvency. Its failure triggered a major systemic banking crisis in Latvia, leading to the eventual liquidation of the entity.
Brand Identity Data
HQ Country
Latvia
HQ City
Riga
Founded
1993
EU Headquartered
Yes
EU Manufactured
No
Ownership Type
private
Stock Exchange
Private
Tax Domicile
LV
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
None verified
Verified on October 15, 2026
Corporate Lineage
1989
Bank establishment
Banka Baltija was founded as a commercial bank during the early transition period of Latvia.
1995
Bank collapse
The bank declared insolvency following a systemic crisis, leading to mass losses for depositors.
1996
Liquidation
The bank was officially declared bankrupt by the Riga District Court.