Foreword
Yet another productive year has passed. Despite the challenges of the pandemic, Latvijas Banka has succeeded in achieving many lasting accomplishments and starting several new projects that will strengthen the financial sector in the future. The COVID-19 crisis clearly demonstrated that the decisions made by Latvia in the past, such as joining the EU, the euro area, and implementing overall prudent budgetary policy, were wise and have helped overcome harsh external shocks to our economy.
Latvijas Banka in 2021
20.9 million euro
Profit of Latvijas Banka
380 employees
10% fewer than a year ago
609 000
registered instant links, almost twice as many as a year ago
Agreement
on access to cash and the network of ~900 ATMs
Digital euro
ECB decision on the exploration of the new type of money
In focus: sustainability
Sustainability strategy approved
Research
A new type of real-time data – on payment card transactions
A new law
Work on the merger with the FCMC was commenced