Industra Bank is joining the “ExportUp!” forum organised by the Latvian Chamber of Commerce and Industry (LTRK), supporting Latvian entrepreneurs on their way to new markets and helping to strengthen the country’s export potential.

Exports are one of the cornerstones of Latvia’s economy, driving growth, competitiveness and prosperity. Industra Bank sees it as its mission to support entrepreneurs who wish to expand beyond Latvia’s borders by providing accessible and flexible financial solutions.

Raivis Kakānis, Chairman of the Management Board of Industra Bank, commented:
“Exports are the engine of Latvia’s economy – they are the only real way to improve the prosperity of our people. Exports create jobs, generate income and inspire businesses to develop new products and services. What is crucial is that a growing share of our exports consists of goods and services with high added value. This is the right path towards Latvia’s growth. As a locally owned bank, we see our role as a reliable partner for businesses seeking to grow and conquer new markets. That is why we are proud to support the LTRK initiative to host the ‘ExportUp!’ conference, which will provide entrepreneurs with valuable knowledge, contacts and encouragement to succeed internationally.”

At the conference, Industra Bank will present a study comparing Latvia’s export dynamics with those of other Baltic and Nordic countries, and will examine the reasons behind the differences. In addition, participants will be invited to join the workshop “Open Asia: Export Opportunities and Challenges for Latvian Companies”, where we will share our clients’ experience of successfully entering these markets, highlighting the key aspects to consider and the solutions available.

Katrīna Zariņa, LTRK Board Member and Director of Foreign Affairs, added:
“Export development is one of the strategic directions that determine Latvia’s competitiveness and growth. That is why it is particularly important that local financial partners, such as Industra Bank, take part in this process by providing entrepreneurs with the necessary support and solutions. Together with Industra Bank and other partners, the ExportUp! forum will become a platform where entrepreneurs gain knowledge, practical advice and inspiration for opening new markets. We believe this cooperation will strengthen the ability of Latvian companies to create products and services with high added value – the path to sustainable national growth.”

About Industra Bank
Industra Bank was founded by local entrepreneurs and focuses on serving Latvia’s small and medium-sized businesses. At the end of the first half of 2025, the Bank’s loan portfolio exceeded EUR 120 million, while customer deposits approached EUR 300 million.

The Bank serves more than 16,000 clients through its customer service centres in Riga, Daugavpils, Liepāja, Ventspils and Jelgava, and its services are also fully available remotely, regardless of location.

Media contact:
Ieva Zauere
Head of Marketing and Communications
Industra Bank AS
+371 29485726
ieva.zauere(abols)industra.finance