IPAS “Indexo” (the “Company”), as a shareholder of AS INDEXO Bank (the “Bank”), has already invested EUR 30.3 million in the establishment of the Bank as of 31 March 2026. The successful further development of the Bank is of strategic importance to the entire INDEXO Group. Therefore, the Company, as the Bank’s sole shareholder, confirms its commitment, to the extent possible and in line with the Company’s strategic objectives, available financial resources and applicable regulatory requirements, to provide the Bank with the necessary financial support in order to promote the Bank’s going concern and ensure compliance with regulatory requirements.
For such potential support, the Company may use:
- funds generated from the Company’s operating income, as well as dividends from AS DelfinGroup and other companies within the INDEXO Group;
- financing obtained from the Company’s planned capital raisings.
The Company emphasizes that it is firmly committed to supporting the Bank’s operations and development and, subject to the above‑mentioned conditions and limitations, will take all necessary actions to ensure that the Bank is able to continue its operations and comply with applicable regulatory requirements. This commitment reflects the Company’s long‑term strategic interest, as the sole shareholder, in the stability and development of the Bank, however, it shall not be considered a guarantee or a legally binding obligation of the Company.
About INDEXO financial services group
INDEXO is a financial services group that includes pension management companies IPAS INDEXO, AS INDEXO Atklātais Pensiju Fonds, IPAS VAIRO, as well as INDEXO Bank and AS DelfinGroup.
The pension management companies within the INDEXO group in Latvia offer modern 2nd and 3rd pillar pension plans. More than 159 thousand clients entrust the group with managing their pension savings totaling more than EUR 1.5 billion.
INDEXO Bank, a credit institution licensed by the European Central Bank, serves more than 58 thousand clients, with total client deposits amounting to EUR 96.7 million and EUR 82.3 million in loans.
Founded and headquartered in Latvia, INDEXO is a Nasdaq Riga-listed company with more than 7300 shareholders. Its mission is to fight for a better financial environment in Latvia and strengthen the well-being of Latvian residents by providing modern and personalized financial services. For more information visit www.indexo.lv.
DelfinGroup is a licenced fintech company established in 2009 and currently operating in Latvia and Lithuania. The company operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer loans, pawn loans, and the sale of pre-owned goods online and at more than 80 branches across Latvia. For more information visit www.delfingroup.lv.