Luminor Bank AS
Main area: economics
Other areas: finance
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Company values
Curiosity - which drives the change for better tomorrow. Without curiosity, Luminor would not exist. Nobody has yet seen the future, but we have already imagined it.
Collaboration - which is based on trust. We praise teamwork and value team targets above individual ones. We work together to reach our goals.
Focus - with a clear purpose we are empowered to take initiative and act.
Our vision
Luminor’s brand value lies in its deep relationship with its customers and services. We believe that the modern world we live and work in, we can establish a strong and customer focused culture based on our core values.
Mission
The Baltic countries are special, and the people here are united by shared values, common aspirations and vision. Our people really deserve their own bank. A bank that is similar to the Baltics themselves - dynamic, flexible and forward-looking. Independent but stronger together. It is our privilege to be that bank!
We want to lead changes and have a voice in society, shape an economic environment that takes the future into account and contribute to our home region. We know local people and businesses and want to be our customers' first choice and best financial partner. We guarantee this by being open, fast and predictable.
Statistics
With its customer base of 870 000 clients and its team of over 2300 professionals, Luminor aims to become a leader in its field for Baltic businesses and entrepreneurial people.
4Q 2023 review
- Strong growth in income (up 33%) re-invested partially in IT and process improvement
- Pre-tax profit up 10% but new taxes introduced in Latvia and Lithuania lowered profit for the period
- Deposits from customers grew 2.2%, which included a 15.4% increase in term deposits
- Liquidity and capital ratios remain at a very high level (LCR 200.7% and CET1 24.1%)
Why should students come to your company for an internship or work?
Our culture is built based on our core belief that we are changing lives through banking – Luminor is here to empower people to make smart financial decisions. Whoever you are, and whatever your role is, with Luminor you will get a once-in-a-lifetime opportunity to literally build a local banking champion. This comes with the power and possibilities to deconstruct and model not only the traditional roles and functions in this business, but the entire approach to how we do banking.