About the payments to Russia and Belarus.
Considering the international sanctions imposed in connection with the Russian government's invasion of Ukraine, please note that further transfers to and from Russia and Belarus may be delayed or not possible. 
Please also note that due to additional monitoring, the processing of any payment may take longer than usual, and the bank may charge an additional fee for checking payments in accordance with the Price List (in connection with ML/TF/PF risk and sanctions risk management - fee for additional due diligence/ compliance check of the customer/ activity/ transaction / payment partner/ documents).

Up-to-date information on sanctions imposed on Russia and Belarus is available on the FCMC website
Here is also the information about the impact of the Russian aggression in Ukraine on our services.



Uģis Vorons is elected Deputy Chairman of the Management Board of Industra

Ugis Vorons has started working in the position of the Deputy Chairman of the Management Board of Industra Bank. Uģis is a professional in the finance and insurance industries, with more than 20 years’ experience both in Latvia and abroad.

Pursuant to the Articles of Association of Industra, Uģis Vorons is elected to the position of the deputy chairman of the Management Board for the term of five years, after his candidature has been agreed with the Financial and Capital Market Commission.

Uģis Vorons was the head and a member of the management teams in the largest Latvian insurance companies - SEB Dzīvības apdrošināšana, Balta, BTA, as well as in ING Life in Russia.  In the banking sector, Uģis Vorons gained significant experience while managing the pension and insurance business in Citadele Banka, as well as while developing and implementing a new business strategy in Reģionālā Investīciju Banka. 

“We have started dynamic and purposeful work to implement Industra's ambitious development plans and become the bank of the first choice to small and medium-sized Latvian enterprises. I am convinced that Uģis's extensive experience and knowledge will provide us with significant support both in working with customers and providing e-commerce services and lending, as well as in developing new business directions and managing changes,” says Raivis Kakānis, the chairman of the Management Board of Industra.

At the same time as Uģis Vorons has started working in his new position, the management board member Jekaterina Meinharde has resigned from her post in the Management Board. As from now, Jekaterina Meinharde will be in charge of the Customer service department of Industra. Having long worked in the banking sector, Jekaterina Meinharde has gained valuable experience in a variety of banking areas, including while being a long time in charge of the customer service team and of the development of the bank’s projects and sales processes.

The same as before, Ruta Amtmane will continue her work in the Management Board of Industra, where she is responsible for the legal matters, bank’s overall business compliance and AML.

Further information:

The joint stock company Industra Bank is a Latvian credit institution that was founded in 1994 and has more than 30 thousand customers, and in terms of this indicator Industra is the sixth largest bank in Latvia. In January 2020, the name of the credit institution Meridian Trade Bank was changed to Industra Bank to reflect the change in the bank's business strategy. Industra has been created by local entrepreneurs and the bank's further activities will be focused on servicing small and medium-sized Latvian enterprises.

For more detailed information:
Marita Ozoliņa
Communication and marketing director 
mob. phone: 29287169

Related articles

Open an account and apply for a payment card!