Latvijas Krājbanka was established in 1924 as the Latvian Postal Service Savings Bank. In 2003, when its privatisation was completed, 100% of its shares went to private shareholders and bank employees. In 2005, 83.01 per cent in JSC ‘Latvijas Krājbanka’ were purchased by Snoras, one of the largest commercial banks in Lithuania.
Currently it is a universal network commercial bank, offering services to businesses and private individuals in Latvia and the markets of the CIS.
The bank is offering full range of services including different investment and savings types, pension plans; the bank also improves payment cards, Online banking systems, Telephone banking and Mobile banking. The bank also offers Consumption loans and Mortgage loan possibilities.