In March of this year, AS INDEXO Bank maintained a rapid pace of growth, with the number of clients increasing by 2.6 thousand in less than a month, reaching 31.2 thousand. As of March 26, the volume of newly issued consumer loans reached 2.3 million euros, bringing the total loan portfolio to 6.3 million euros. Client deposits also increased by 2.7 million euros during the same period, reaching 45.5 million euros. In less than a month, the bank paid out 85.2 thousand euros in interest on deposits.

By the end of March, INDEXO Bank plans to launch Google Pay and, within the following month, also introduce Apple Pay functionality, making contactless payments with INDEXO cards even more convenient. At the same time, the company is actively working on a mortgage offering for private individuals, which is expected to launch publicly in April.

As of March 26, the number of INDEXO pension clients had grown to 144.3 thousand, with assets under management totaling 1.34 billion euros.

About INDEXO  

INDEXO is a financial services group that includes pension management companies and INDEXO Bank.  

INDEXO, an investment management company licensed by the Bank of Latvia, offers modern 2nd and 3rd pillar pension plans in Latvia. It is one of the fastest-growing pension managers in the Baltics, with over 144 thousand customers and more than EUR 1.34 billion assets under management.       

INDEXO Bank, a credit institution licensed by the European Central Bank, serves over 31.2 thousand clients, with total client funds amounting to EUR 45.5 million and EUR 6.3 million in issued consumer loans.      

Founded and headquartered in Latvia, INDEXO is a Nasdaq Riga-listed company with nearly 6,000 shareholders. Its mission is to fight for a better financial environment in Latvia and strengthen the well-being of Latvian residents by providing modern and personalized financial services.  For more information visit www.indexo.lv.