BluOr Bank AS (formerly: BlueOrange Bank, Baltikums Bank, Baltikums) Is A Latvian Bank Established In 2001. The Central Office Is Located In Riga.
History
The Bank Was Established On June 22, 2001 As A Joint-stock Commercial Bank "Baltikums". In January 2017, The Bank Also Changed Its Legal Name To BlueOrange Bank. In The Summer Of That Year, The Bank Financed The Opening Of A New Educational And Leisure Area In Riga.
In March 2018, BlueOrange Installed The First Contactless Card ATM In Latvia. In June 2018, BlueOrange Became The First Online Bank In Latvia. In December 2021, The Bank Was Listed As One Of The Top Five Systemically Important Financial Institutions Groups In Latvia, Following A 7-year Decision By The FKTK Committee.
On November 3, 2022, The Bank Was Renamed BluOr Bank AS.
The Banking Landscape Has Been Undergoing Earth-shaking Changes, With Online Platforms Making Financial Services More Accessible Than Ever. BluOr Bank, One Of The Largest Financial Institutions Groups In Latvia, Is One Of The Digital Frontrunners In The Banking Industry. BluOr Bank Was Founded In 2001 As Baltikums Bank And Renamed In 2022, Offering A Wide Range Of Services To Private And Corporate Clients. This Comprehensive Review Aims To Shed Light On Everything You Need To Know About This Dynamic Institution.
Ownership
BluOr Bank Operates Under Its Parent Company, BBG AS. This Hierarchical Structure Ensures Stability And Compliance, Which Are Key Factors In The Rapidly Evolving Banking Environment.
Services Provided
Traditional Banking Services
For Those Who Prefer Traditional Banking, BluOr Offers Retail And Commercial Banking Services. From Savings Accounts To Loans And Lines Of Credit, The Bank Offers Comprehensive Financial Solutions.
Asset Management
BluOr Bank Meets Your Investment Needs With A Variety Of Asset Management Services. Whether You Are An Individual Investor Or A Company, Their Team Of Professionals Will Provide Tailored Solutions To Create A Smooth Wealth Management Experience.
Investment Services
The Bank Offers A Range Of Investment Options Including Stocks, Bonds, CDs And Other Financial Instruments. BluOr Distinguishes Itself By Its Accessibility, Making It Easy For Regular Users To Participate In Investment Activities.
Online Financial Services
The Bank Has A Robust Online Platform That Allows Users To Carry Out Various Banking Activities From The Comfort Of Their Home, From Viewing Account Balances To Making International Transfers.
Features Of BluOr Bank Smartphone App
BluOr Bank's App Is A Powerful Tool For Managing Your Finances Anytime, Anywhere. Here Are Some Of Its Key Features:
Account Monitoring: Keep A Close Eye On Your Account Status And Balance.
Card Management: View Issued Cards And Activate Or Block Them As Needed.
Transaction History: Easily Browse Your Recent Financial Activities.
Payments: Make Secure Payments Between BluOr Accounts.
Currency Exchange: View Real-time Exchange Rates And Perform Currency Exchange Transactions Within The App.
Geographical Range
BluOr Bank Services Extend From Latvia To Other European Countries And Even Globally. However, Services For International Customers May Vary Slightly, So It Is Recommended To Check Any Restrictions Or Conditions Depending On Your Location.
User Experience
The Process Of Setting Up An Account At BluOr Bank Is Simple, With A Highly Intuitive Online Interface. In Addition, Customer Support Is Available Through Multiple Channels To Assist With Any Queries Or Problems You May Have.
Security & RegulationSecurity Is BluOr Bank's Primary Concern. The Institution Complies With All Regulatory Standards In Latvia And The European Union. High-end Encryption Methods And Multi-layered Security Systems Ensure The Protection Of Customer Data And Finances.
Competitive Analysis
Compared To Other Banks In Latvia And Europe, BluOr Bank Stands Out For Its Comprehensive Service Offerings, Advanced Digital Platform And High Focus On Customer Experience. Its Diverse Services Make It A One-stop Solution For All Financial Needs, Thus Giving It A Competitive Edge.
Other Information
For More Information On How To Register An Account Or Any Other Inquiries, You Can Visit Their Official Website Or Contact Customer Support.
Whether You Are An Individual Looking For Reliable Retail Banking Services Or A Company That Requires Complex Asset Management, BluOr Bank Has Something For Everyone.
