Bank of Latvia
The Bank of Latvia (Latvian: Latvijas Banka,) is the Latvian member of the Eurosystem and has been the monetary authority for Latvia from 1922 to 2013, issuing the Latvian lats albeit with a long suspension between 1940 and 1993. Since 2014, it has also been Latvia's national competent authority within European Banking Supervision. The Bank of Latvia's administration is located in Riga.
Head office in Riga, originally erected for the branch of the State Bank of the Russian Empire | |
| Headquarters | Riga |
|---|---|
| Established | 7 September 1922 |
| Ownership | 100% state ownership |
| Governor | Mārtiņš Kazāks |
| Central bank of | Latvia |
| Reserves | US$3.05 billion |
| Preceded by | State Savings and Credit Bank |
| Succeeded by | European Central Bank (2014)1 |
| Website | www.bank.lv |
| 1 The Bank of Latvia still exists, but many functions have been taken over by the European Central Bank. | |
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