Parex Bank was founded in 1992 and is one of steadily growing Latvian commercial banks. Parex Bank offers its clients integrated services in areas such as lending, payment cards, leasing, asset management and securities trading. Currently, the bank's branches throughout Latvia employs more than 2200 people.
Parex banka has representative offices, branches and subsidiaries in 15 countries worldwide, including branches in Berlin, Stockholm and Tallinn, the subsidiary bank AP Anlage und Privatbank AG in Switzerland and Parex Bankas in Lithuania.
Parex banka is the only cooperative partner for American Express in Latvia and Lithuania, which has the right to issue American Express credit cards.
Parex Bank's activity is focused on private and corporate customers, Private Banking services, asset management, investments, deposits, credit services to individuals and legal entities, as well as business operations in Latvia and beyond its borders.