COUNTRY PROFILES
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Print article PAREX BANKA
PAREX BANKA
Your partner in the Baltic States
Proven track record
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Parex Group is one of the largest, oldest and most experienced private financial groups in the Baltic States. The bank offers integrated client services including lending, payment card services, leasing, asset management and securities brokerage. With its flagship Parex Banka, one of the largest commercial banks in the Baltic states, and other companies such as Parex Asset Management, Parex Leasing and Factoring, and Parex bankas in Lithuania, Parex Group offers solutions for all of your financial needs in the Baltics.
Our expertise
Our experience has been generated in the local market over 15 years of transition to a market economy, and with the accession of the Baltic States into the European Union, Parex Group is on its way to expand its territory and explore new markets.
Parex Banka is a regional leader in capital markets, investment banking and asset management. With USD 1 billion under management, Parex Asset Management is the largest investment management company in the Baltic region. With more than 10 years’ track record in Central and Eastern European bond and equity markets Parex Asset Management is one of the most experienced investment management companies in Central and Eastern Europe.
Parex Banka acts as a “knowledge hub” between western markets and Baltic and CIS markets and is represented in 15 countries through its network of 18 subsidiaries, 11 representative offices and two branches. Moreover, in 2004 Parex Banka acquired AP Anlage und Privatbank AG in Switzerland, thus becoming the first bank from the new member states of EU to start operating in Switzerland.
Parex Banka · 3 Smilshu Street, Riga, LV-1522, Latvia · Tel: +371 (0) 7010830 · Fax: +371 (0) 7010831 · Website: www.parexgroup.com