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Private company

Citadele banka

Logo: Flankerich, Public domain, via Wikimedia Commons4

Bank based in Riga, Latvia

AS Citadele banka is a Latvian bank and financial and asset manager. The principal market of operation for the Citadele Group is the Baltic States.2 It employed 1,097 people in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jun 1, 2010Founded1
  • IndustryOther financial service activities, except insurance and pension funding, central banking, financial leasing, other credit granting, other monetary intermediation1
  • HeadquartersRiga1
  • Websitewww.citadele.lv
  • Legal formakciju sabiedrība1
  • LEI2138009Y59EAR7H1UO973
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressREPUBLIKAS LAUKUMS 2A, LV-1010 Riga, Latvia3
  • Registered withRegister of Enterprises of the Republic of Latvia, 401033035593

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AS Citadele banka is a Latvian bank and financial and asset manager. The principal market of operation for the Citadele Group is the Baltic States.2

Corporate structure

Citadele banka sits at the top of its group. 16 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Citadele banka Riga, Latvia
    • Citadele Leasing Riga, Latvia
    • Banque Richelieu (Switzerland) Ltd Subsidiary · 100% · Zurich, Switzerland
    • "CBL ASSET MANAGEMENT" IEGULDĪJUMU PĀRVALDES AKCIJU SABIEDRĪBA Subsidiary · Riga, Latvia
      • CBL EASTERN EUROPEAN BOND FUND Fund · Riga, Latvia
      • CBL EUROPEAN LEADERS EQUITY FUND Fund · Riga, Latvia
      • CBL GLOBAL EMERGING MARKETS BOND FUND Fund · Riga, Latvia
      • CBL OPTIMAL OPPORTUNITIES FUND - EUR Fund · Riga, Latvia
      • CBL OPTIMAL OPPORTUNITIES FUND - USD Fund · Riga, Latvia
      • CBL PRUDENT OPPORTUNITIES FUND - EUR Fund · Riga, Latvia
    • "CBL LIFE" APDROŠINĀŠANAS AKCIJU SABIEDRĪBA Subsidiary · Riga, Latvia
    • AB "CITADELE" BANKAS Subsidiary · Vilnius, Lithuania
    • AKCIJU SABIEDRĪBA "CBL ATKLĀTAIS PENSIJU FONDS" Subsidiary · Riga, Latvia
    • OÜ CITADELE FACTORING Subsidiary · Tallinn, Estonia
    • SIA "CL INSURANCE BROKER" Subsidiary · Riga, Latvia
    • UAB “CITADELE FACTORING” Subsidiary · Vilnius, Lithuania

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

Products and brands

  • financial services

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Succeeded Parex Bank1

Employees over time

Citadele banka employees by year11.1K in 2023−32% since 2015
05001.0K1.5K2.0K2015: 1.6K1.6K20152022: 1.1K1.1K2022−32%2023: 1.1K1.1K2023−1%
  • 20231,0971
  • 20221,1131
  • 20151,6251

Revenue over time

As stated on Wikidata, in the currency reported.

Net income

Citadele banka net income by year191.7M EUR in 2023+117% since 2022
025.0M EUR50.0M EUR75.0M EUR100.0M EUR2022: 42.2M EUR42.2M EUR20222023: 91.7M EUR91.7M EUR2023+117%
  • 202391.7M EUR1
  • 202242.2M EUR1

Timeline

  1. Jun 1, 2010Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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