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Tietoevry Banking Latvia SIA (Latvia)

Main Activities: Custom Computer Programming Services
Full name: Tietoevry Banking Latvia SIA Profile Updated: February 25, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Tietoevry Banking Latvia SIA is a Latvia‑registered technology company operating as part of the Tietoevry group. The company specialises in software and financial technology solutions with focus on banking and payment systems, including payment card issuance, acquiring services, open banking, instant and card payment processing, virtual accounts and related IT services for banks and financial institutions. It forms a strategic component of Tietoevry's regional operations in the Baltics. With a workforce based in Riga, Tietoevry Banking Latvia serves private and public sector clients across Europe and supports global technology development and delivery from its Latvian base. Key strategic assets include expertise in complex financial software systems, digital transformation solutions, and integration with Tietoevry's global infrastructure.

Headquarters
Roberta Hirsa iela 1
Riga; Riga; Postal Code: 1045

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Website: http://www.tieto.lv

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 27, 1994
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
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Member of Management Board
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Tietoevry Banking Latvia SIA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
-11.15%
Total operating revenue
-11.56%
Operating Profit/Loss (EBIT)
-71.23%
EBITDA
-67.94%
Net Profit/Loss for the Period
-54.32%
Total Assets
6.87%
Total Equity
11.25%
Operating Profit Margin (ROS)
-7.7%
Net Profit Margin
-6.37%
Return on Equity (ROE)
-14.51%
Quick Ratio
0.09%
Cash Ratio
0.06%

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