Luminor Group

Meet Loreta Nacajiene, our dear colleague celebrating 27 years in Luminor Group 💜 ❓ How does it feel to be celebrating this milestone with Luminor? It’s a bit awkward, to be honest. Over the years, the company has changed its name many times, and I’ve had six different roles. So much has changed, but it’s been incredible to be part of it all and grow alongside the company! 💭 ❓ Can you tell us about your journey with the company so far? I started in the Brokerage department, then moved to Investment Banking, where we launched Lithuania’s first money market fund for institutional investors. Later, during the Lithuanian pension reform, I had the opportunity to set up our asset management company from scratch. It was a big challenge, but also one of the most rewarding projects of my career. Watching it grow has been amazing! 🗺️ ❓ What has been your proudest achievement during your time here? Setting up the asset management company is definitely at the top. We launched three second-pillar pension funds and later added a balanced third-pillar fund. On top of that, we built IT systems in record time to make everything run smoothly for our clients. It was a huge team effort and something I’ll always look back on with pride. 🔝 ❓ Do you have a favorite memory or moment shared with the team? Definitely! One of the most memorable moments was our team-building trip to Norway. Dog sledding, ice fishing, and having lunch in a Wigwam—it was freezing but so much fun. Experiences like that really bring a team together and create memories that last. ❄️ ❓ What motivates you to continue growing with Luminor? It’s the people and the environment, really. The flexibility, the international and diverse team, and the collaborative vibe make it an exciting place to work. I always feel like I’m learning something new. ❤️ ❓If you could give one piece of advice to new employees, what would it be? Take initiative, be proactive. Here, you have the opportunity to shape your role and make a real impact, so don’t wait for things to happen—make them happen. 💪 Thank you, Loreta, for being with us! ❤️ #Luminor #people #proud #employeestories

💡 Ever wondered what's it like to be part of Luminor Group team? 👇 Take a look at the brightest moments our people spent with Luminor! "Be active, do not lose that spark in your eyes, crave for new knowledge and have bravery to take on new opportunities", says Elina, celebrating just her 1st year with Luminor 💜 Want to share these sweet memories with our people? Explore career opportunities & come aboard https://lnkd.in/efbAQHrK #LuminorGroup #JoinLuminor #Moments #People

🟣 In the third quarter, Luminor reported growth in lending to our private customers, improved loan book quality, and reduced expenses, while maintaining strong liquidity and capital positions.   In Retail Banking, we made enhancements to customer offering which led to growth in lending. Corporate Banking saw continued demand for investment in the renewable energy sector albeit overall demand for new credit was subdued. We continued to promote financing to SMEs facilitated by the European Investment Bank with one of the aims to support the green transition of the Baltic economies.   Luminor is here to improve the financial health of our customers and our home countries of Estonia, Latvia, and Lithuania and to support their growth. Read more here 👉 https://lnkd.in/dMg7VbH2

And how do you celebrate work anniversaries? 🎊 During the month of October we launched a new tradition at Luminor Group - celebrating our employees' work anniversaries! 🙌 We gathered together to look back at the achieved milestones together, to appreciate each other and remind ourselves of our core values - collaboration, focus and curiosity. We marked our people's milestones of 10+ years in the company, some of our colleagues even reaching the incredible achievement of 40+ years, being part of Luminor legacy! We are incredibly proud of our people & happy to have this new tradition for our great team at Luminor. 💜 #LuminorGroup #WorkAnniversaries #People #ThankYou

We are proud to have participated in the MoneyLIVE Nordic Banking conference. A key focus area of the event was "The Net Zero Transition" - a topic that is increasingly crucial for the banking industry.   As the climate crisis intensifies, banks have a pivotal role to play in supporting the shift towards a sustainable, low-carbon economy. We were represented by Head of Sustainability Kadri Vunder Fontana, who shared insights on the bank's initiatives and strategies to champion sustainability and drive the green transition.   The session explored how banks can leverage their position to catalyze change - from aligning business operations to net zero, to developing green finance products and forging cross-sector partnerships. We are committed to being a responsible organization and contributing to a more sustainable future.

💜 Social entrepreneurship continues to grow in Latvia - once again we are happy to conclude our pitch contest, celebrating all of the wonderful 10 finalists. 👉 This year, the jury awarded charity association "Tavi draugi" with the main prize - 4000 euros - for their idea to refurbish and rent out unusable donated items. Meanwhile the audience awarded 4000 euros to the creative sustainability platform "Bourzma" with the idea of creating a textile upcycling workshop for sustainable clothing. We are happy for the continuous support of this contest from participants themselves - this year, we received more than 90 applications that featured many important solutions to serious issues in our society. We are very proud that social ideas are so important to our entrepreneurs. Social Entrepreneurship Association of Latvia (Latvijas Sociālās uzņēmējdarbības asociācija)

Luminor has completed its inaugural Tier 2 capital security, a €200m 11-year subordinated bond issue.   We are pleased with the investor interest across Europe in our maiden subordinated security, which extends our liability structure, increases the efficiency of our capital, and builds our investor base. More information: https://lnkd.in/d_KUx2qW

Visa She's Next is coming back to the Baltics! 💛   📚 71% of Estonian, 76% of Lithuanian and 70% of Latvian women dream of starting their own business, however, only about on third of Baltic women take the leap. Visa She's Next, in collaboration with Luminor bank, is dedicated to bridging this gap. She’s Next is a Visa-initiated grant program designed to support female entrepreneurs in funding, running, and growing their small and medium-sized enterprises.   We invite you to learn more about She's Next programme and apply here 👇 EE: https://lnkd.in/gvUzQEbZ LT: https://lnkd.in/ebK2wV4Y LV: https://lnkd.in/gMmKWxNq

Luminor is delighted to announce the appointment of Enkelejd Zotaj as our new Chief Information Officer. Enkelejd’s track record in technology and financial services combined with his experience of leading large teams makes him the perfect fit for Luminor. We are excited to have him join our team. Welcome Enkelejd! https://lnkd.in/d-zp62Bd

🟣 Moody’s upgrades their rating of Luminor to A2! Moody’s Ratings upgraded Luminor Bank’s long-term senior unsecured rating to A2 from A3. In addition, Moody’s assigned a rating of Baa3 to Luminor’s subordinated debt securities. Moody’s rating upgrade followed the announcement of our inaugural subordinated debt issue. In their ratings, Moody’s recognises our strong capitalization and healthy profitability. Read more here 👉 https://lnkd.in/dC6C9reh