{"id":39452,"date":"2025-04-10T10:00:41","date_gmt":"2025-04-10T07:00:41","guid":{"rendered":"https:\/\/indexo.lv\/?post_type=zinas&#038;p=39452"},"modified":"2025-04-10T10:00:44","modified_gmt":"2025-04-10T07:00:44","slug":"indexo-plans-to-raise-new-capital-for-further-development-of-the-bank-including-the-issuance-of-mortgage-loans","status":"publish","type":"zinas","link":"https:\/\/indexo.lv\/en\/zinas\/indexo-plans-to-raise-new-capital-for-further-development-of-the-bank-including-the-issuance-of-mortgage-loans\/","title":{"rendered":"INDEXO plans to raise new capital for further development of the bank, including the issuance of mortgage loans"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>The pension management company IPAS \u201cIndexo\u201d (hereinafter \u2013 INDEXO), which established INDEXO Bank in Latvia last year, plans to start raising new capital in the near future to promote further development of the bank, including the initiation of mortgage lending. INDEXO plans to raise up to 4 million euros by issuing new company shares, which can be subscribed to by any Latvian resident and company.<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The subscription period for shares will be announced shortly after the approval of the Prospectus by the Bank of Latvia, which is expected in the coming days.<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith the help of previously raised capital, we have opened a new bank in Latvia and successfully attracted more than 32,000 bank clients within a few months. New capital is needed for further development of the bank, including the issuance of mortgage loans and achieving the planned break-even point at the group level (before provisions for credit losses) this year. This will be a unique opportunity for everyone to become a shareholder of a local bank in the highly profitable Latvian banking sector by subscribing to INDEXO shares, while helping INDEXO make significant positive changes in the Latvian banking market, which will also affect each of us,\u201d says&nbsp;<strong>Valdis Siksnis, Chairman of the Management Board of INDEXO Bank.<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>All interested parties are invited to join the free online webinar \u201cWhy and How to Become a Co-owner of INDEXO?\u201d on April 16 at 11:00, held in Latvian.<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">In the webinar, the INDEXO team will introduce INDEXO&#8217;s further plans, financial forecasts, and how to become a shareholder of the company. Registration for the webinar is here:&nbsp;<a href=\"https:\/\/indexo.lv\/vebinars-indexo-akcionars\/\">https:\/\/indexo.lv\/vebinars-indexo-akcionars\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pension management company IPAS \u201cIndexo\u201d (hereinafter \u2013 INDEXO), which established INDEXO Bank in Latvia last year, plans to start raising new capital in the near future to promote further development of the bank, including the initiation of mortgage lending. INDEXO plans to raise up to 4 million euros by issuing new company shares, which [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":39449,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-39452","zinas","type-zinas","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/zinas\/39452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/zinas"}],"about":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/types\/zinas"}],"author":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/comments?post=39452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/media\/39449"}],"wp:attachment":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/media?parent=39452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}