Trasta komercbanka (TKB) was established in 1989 under the name of ‘Riga-Bank’. In 1991, it became a joint-stock company, which the same year received the Bank License for all kinds of bank operations. In 1992, when Latvia established independent banking sector, TKB was among the first banks to enter the Association of Commercial Banks. In 1995, the bank received the new name — Trasta Komercbanka.
In 1997, TKB became a member of Riga Securities Exchange and Central Depository.
TKB was the first bank in Latvia to offer growing companies share administration services. Among the most significant projects there was the emission of shares in the joint-stock company ‘BALTA’ to the general public and the initial distribution of the first public emission.
In 2005, TKB set up a realty company ‘TKB Nekustamie īpašumi’, which deals with property development and investment in real estate market. Another company, ‘TKB Leasing’, was established to expand the potentials of clients by supporting them in purchasing vehicles or equipment.
TKB has foreign representative offices in Ukraine, Byelorussia and Russia, in Canada and in some other countries.