INDEXO Bank begins testing corporate deposits and lending in Latvia

INDEXO Bank has started pilot transactions with Latvian businesses, introducing corporate term deposits and lending as it develops its business banking services.

The bank issued its first corporate loan on 2 October 2026 and announced the broader pilot on 27 October.

The next stage will include digital onboarding for corporate clients, followed by current accounts and payment services. INDEXO has not disclosed the number of participating businesses, the size of its pilot lending portfolio or the interest rates offered.

Source: INDEXO, 27 October 2026.