# Citadele Bank

Citadele Bank is a Bank / Wealth / Trust based in Riga, Latvia.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Riga, Latvia
- **Region:** Europe
- **Address:** Republikas laukums 2A LV-1010, Riga, Latvia
- **Founded:** 2012
- **Assets under management:** 4.9B (Altss estimate)
- **Website:** www.cblgroup.com
- **LinkedIn:** https://www.linkedin.com/company/citadele-banka-lv

## Regulatory record

- **Reports private funds:** No

## About

Citadele Bank was established in 2012 as a Baltic bank. It provides digital banking services to clients in the region. The bank holds deposits and extends loans. It operates in Latvia, Lithuania and Estonia. No portfolio companies or co-investors are disclosed in available records. Assets stand at $4.9 billion. No additional offices or team size figures are recorded. No operational events from the last 24 months appear in the source material. The firm functions as a regulated deposit-taking bank rather than a dedicated family office or fund vehicle.

## Sectors

- Financial Services

## People

- Kārlis Purgailis — partner

## Questions

### What is Citadele Bank's primary business line?

The bank provides deposit, lending and digital banking services in the Baltic states.

### Does Citadele Bank make private equity or venture investments?

No direct investments or fund commitments are disclosed in the source records.

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Last updated: 2026-07-10T03:12:03.000Z

Canonical page: https://altss.com/profile/citadele-bank

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology