CITADELE BANKA AS

Citadel is a Latvian local bank that offers banking, financial and wealth management services. Citadel basic groups in the Baltic states - Latvia, Lithuania and Estonia. Bank Citadel is the only partner of American Express Latvian and Lithuania who is entitled to issue American Express credit cards. Citadel's vision is to become the most valuable local financial group in the Baltic countries. Baltic Institute of Corporate Governance study in 2012, the bank Citadel recognized as the best managed state-owned enterprises in the Baltics. 75% minus one bank Citadel shares owned by JSC "Privatization Agency", but 25% plus one share is owned by the European Bank for Reconstruction and Development.