Latvia

Best bank – Parex Bank
Best debt house – HSH Nordbank
Best equity house – Suprema Securities
Best M&A house – Trigon Capital
Best local partner – Hansabanka

There are three dominant players in the Latvian market: Parex Bank, Latvijas Unibanka and Hansabanka. Together they account for 54% of total banking assets, have a 64% share in the loan market and a 55% share in deposits.

Parex Bank wins the award for best bank in Latvia again this year. It has been aggressive in servicing its customers and growing its assets, 21% of the total, and is strongest bank overall.