Company Information

Get to know Baltic International Bank SE

Established in 1993, Baltic International Bank SE was one of Latvia’s most experienced banks specializing in private banking and wealth management for high-net-worth individuals and corporate clients. The bank focused on providing personalized financial solutions, investment services, and asset management, with a stated mission in its later years to align with Environmental, Social, and Governance (ESG) principles. However, following long-term breaches of anti-money laundering (AML) and capital requirement regulations, its license was withdrawn by the European Central Bank in March 2023, and the bank entered liquidation proceedings.

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Financial Private BankingPRIMARY
Financial Other Service

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Baltic International Bank SE

Latvia

Founded in

1993 (33 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.