Norvik Banka Review

Norvik Banka in Latvia was established on April 29, 1992 as “Lateko Banka”. Since then, this bank has been an international presence, offering its services to a wide variety of clients. When it acquired a new strategic investor, its name was changed to Norvik Banka. With more than 600 employees, this bank has in excess of 70 branches in Latvia and has a representative office in Moscow Russia.

Besides personal and corporate banking, either online or via ATMs, Norvik Banka offers financial services for individuals and companies. These include Margin Trading, brokerage services, investment gold, and Trust services.  In the field of Foreign Exchange, it converts all basic Freely Convertible Currencies as well as CIS currencies.

The Trading platforms offered are Hotspot FX and LAVA trading for the most active traders. One of the unique features of Norvik Banka is quoting the wide range of available currencies against the Russian Ruble.  The Belarus ruble and the Kazakh Tenge widen the bank’s range of currencies.

Their Margin Trading on the forex market section is very extensive and gives good examples to enable a sound understanding of the procedure. All Freely Convertible Currencies are quoted against the US Dollar.  The transactions can be done via phone or trading platforms. It is an active participant in the Forex market. It keenly watches trends in the foreign exchange sphere and introduces new ideas and technologies all the time. In terms of brokerage services, Norvik Banka allows customers to trade with ease on all the world’s major stock exchanges and work with the whole range of investment instruments through one broker.

This website is very comprehensive in that it covers company matters like how and when it was established as well as its credit ratings, and moves on to Personal banking, corporate banking, rates and trading charges, documents and a financial center.  It is quite easy to understand and acquire the necessary knowledge and data before or during trading. Financial results of the company are easy to access year-wise. It also allows demo trading so customers can practice before they acquire a degree of comfort and can go for the real thing.  When they make this decision, there is more than adequate support available online.

This Bank aims to be among the leaders in Latvia and a significant player in the Baltic market, to grow, and to give its best service to customers. Norvik Banka stresses on quality, speed, accuracy, organization and qualified personnel.