Signet Bank bond issue

About Signet Bank

Established in 1991, Signet Bank is one of the first banks founded in independent Latvia. Today, Signet Bank Group (the Group) brings together two banking licenses, asset management and specialized joint venture companies Primero and AgroCredit Latvia (AgroCredit).

Signet Bank is Latvia’s leading investment bank, providing sustainable financing and investment solutions to local entrepreneurs and corporates.

Since 2022, the Group has demonstrated significant growth in operating income and profitability, driven by lending growth and strong fee and commission income, supported by Investment Banking, wealth management, and Magnetiq Bank. In 2025, the Group’s total revenue rose by 20%, driven by net interest income +19% y-o-y and net commission income +32% y-o-y. In 2025, the Group’s net profit surged by 57% y-o-y to a record EUR 8.5m. To support continued growth of the Group and further diversify its funding sources, Signet Bank is launching an unsecured bond issue in the amount of up to EUR 20 million. The bonds will be placed gradually to align with funding requirements and support effective management of regulatory liquidity ratios.

Additional information: https://signetbank.com/wp-content/uploads/2026/05/Signet-Bank_Unsecured-bonds_ENG.pdf

Term Sheet