Exactly, this is not an ordinary bank. Understanding the customer’s needs and experiences is one of our core operating principles. We do not apply a standard approach for achieving customer goals, each solution is found by thoroughly analysing each situation individually and following the global trends in the industry.
Signet Bank AS
Antonijas street 3,
Riga, LV 1010, Latvia
Phone: +371 67 080 000
Fax: +371 67 080 001
E-mail: [email protected]
Monday to Friday
9:00 a.m. – 17:30 p.m
AS DelfinGroup is a licensed consumer lending company founded in 2009 that represents the brands Banknote, VIZIA and Riga City Pawnshop.
The Company operates the biggest pawn shop network in Latvia, in the 38 largest Latvian cities. This allows DelfinGroup to serve clients both in the offline and online environment.
The Company’s core services are consumer loans and pawn broking loans (loans against pledge of movable property). Company is the largest pawn shop and 2nd largest non-bank consumer lender in Latvia.
In 2020 H1 DelfinGroup issued 46% of all pawn loans in Latvia, increasing its market share from 42% the previous year and once again established the Company as the leading pawn loan issuer in the country.
DelfinGroup employs 270+ people and its core management has remained unchanged since 2014.
DelfinGroup has completed four bond issues in total amount of EUR 18.5m and has been listed on the Nasdaq Riga stock exchange regulated market since 2014. The company’s investor base includes both individual and institutional investors from Baltics and other countries.
Non bank financing
Senior unsecured bonds
EUR 5 000 000
@101% every coupon payment date
@101% Change of Control Put Option
EUR 1 000
EUR 100 000
• Capitalization ratio at least 20% • ICR at least 1.25x After IPO: • Capitalization ratio at least 25% • ICR at least 1.5x
Planned listing on Nasdaq First North within 12 months from issue date
Signet Bank AS