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Swedish bank in Latvia refused to end service in Russian

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Swedish bank in Latvia refused to end service in Russian


11.01.2024


Photo credit: pxhere.com (CC0 Public Domain)

The Swedbank in Latvia refused to comply with the demand of Latvian nationalists and stop providing services in Russian. The bank explained this by the fact that the Russian language is used not only by Russians, but also by residents of the CIS countries and Ukrainians, the Sputnik Near Abroad telegram channel reports.

Bank representative Janis Krops, responding to the demand of Latvian nationalists, noted that service in Russian is in demand not only by Russian clients, but also by Ukrainian refugees, who have opened over 10,000 accounts at the bank.

In addition, Swedbank confirmed the status of the Russian language as the language of international communication in the post-Soviet space, noting that Russian is chosen for service by clients from Kazakhstan. The bank also noted that the law does not prohibit communicating with clients in Russian.

At the end of 2023, elderly Russians living in Latvia faced difficulties when trying to access their pension payments. A number of local banks stopped working with payments from Russia.

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