Luminor Bank AS
Luminor Bank AS is a pan-Baltic bank offering financial services to retail and corporate customers in Estonia, Latvia, and Lithuania. It was formed in 2017 through the merger of the Baltic businesses of Nordea and DNB and is currently majority-owned by a consortium led by the private equity firm Blackstone.
Brand Identity Data
HQ Country
Latvia
HQ City
Riga
EU Headquartered
Yes
EU Manufactured
No
Ownership Type
private
Stock Exchange
Private
Tax Domicile
EE
Ultimate Parent
Luminor Holding AS
Data Hosting
EE
CLOUD Act Exposure
No ✓
AI Trains on User Data
false
GDPR Status
compliant
Carbon Neutral
false
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
None verified
Verified on October 15, 2026
Corporate Lineage
2017
Formation of Luminor
Luminor was established through the merger of Nordea and DNB's Baltic banking operations.
2019
Blackstone acquisition
A consortium led by Blackstone acquired a majority stake in Luminor.
2022
Blackstone stake increase
Blackstone increased its stake in Luminor after acquiring DNB's remaining shares.