Parex Banka

Parex Banka

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Last update: 8 days ago Last update: Nov 25, 2025
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Details

Legal residence:Latvia
Organization type:Banks (National and Private)
Funding agencies:Other
Other
Sectors:Financial Services & Audit
Financial Services & Audit
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Status:
Active

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About

Parex Banka is a non-operating bank in Latvia. Parex was split into two separate institutions; Reverta was founded as a "solution bank" with the aim of recovering the public funds invested in its rescue. At the same time, Parex's "good" assets along with its credit institution services such as account and deposit servicing, credit lending were taken on by Citadele.

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