Private BUSINESS PRIVATE BANKING ABOUT THE BANK C REWARDS
Private
BUSINESS
PRIVATE BANKING
ABOUT THE BANK
C REWARDS
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  1. Private customers
  2. How to start investing in funds, shares and bonds?
  3. Shares

*AS Citadele Banka does not provide investment portfolio management services, fund and asset management services, individual consultations on investing in financial instruments or recommendations regarding the capital market. These services are offered by another company in the Citadele group: IPAS CBL Asset Management.

Capital investment options:


A share is a security issued by a business which serves as proof that they own a share, or capital part, of said business. A shareholder is a co-owner of the company, who gains all the rights and obligations that come with this.

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These are a type of investment fund in which you invest in the shares of several different companies simultaneously. The fund is managed by a professional manager who selects the companies (market leaders) to ensure that customers have greater profits in the long term.

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3 simple steps to start investing

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Sign an agreement with Citadele bank

on the opening of a financial instrument account and the enabling of transactions with financial instruments (in accordance with which Citadele will open a financial instrument and financial instrument cash account for you).
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Transfer funds

to your financial instrument cash account.
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Submit a security purchase/sale order

with a few clicks.
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Sign an agreement with Citadele bank

on the opening of a financial instrument account and the enabling of transactions with financial instruments (in accordance with which Citadele will open a financial instrument and financial instrument cash account for you).
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Transfer funds

to your financial instrument cash account.
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Submit a security purchase/sale order

with a few clicks.

Ready to apply?

Apply for a conversation Learn more
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What are the risks when investing in shares?

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Compared with a well-diversified investment fund, investing in shares is relatively risky due to large fluctuations in prices. This type of investment has the best potential for profit and also the biggest risk, especially when investing in individual shares rather than in several shares at once. Therefore, when investing in an investment fund, some of the individual share risk is compensated by other shares.

How do I reduce the risk of investing in shares?


You can reduce risks by:

  • Planning your investments in the long term and not panicking when the market, share prices or fund prices fall.
  • Diversifying your portfolio with the shares of different types of companies in different industries, including by choosing to invest in share funds.
Contact us
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Didn’t find the answer to your question?

Visit our interactive assistant and find the information you need

Interactive assistant
Do I have to pay taxes?

Yes, you must pay income tax on capital gains and on capital (dividend) income.

How do I open a financial instrument account?

Existing bank customers can open a financial instrument account. They must have a current account or card account open. We recommend also activating the online bank. 

To open a financial instrument account, you must read the relevant documents, terms and conditions and sign an application to open a financial instrument account and transaction agreement. 

The easiest way to do this is for free through the Citadele online bank under Investments (New Order > Application to open a financial instrument account and transaction agreement). 

If necessary, you can also sign an agreement at any Citadele branch.

Can I receive a consultation from the bank on the best investments?

The bank does not give recommendations on the most suitable investment types, and does not recommend specific financial instruments, as only the customer can adequately evaluate and make decisions on their investments, needs and the suitability of specific financial instruments for their aims and requirements.

How much do financial instrument transactions and financial instrument account servicing cost?

Financial instrument purchase and sale transactions are subject to brokerage commissions which are calculated based on the type of financial instrument and the size of the transaction, but please bear in mind that there is a minimum commission fee per transaction, and in some markets there may be an additional fee for transactions. You can see brokerage commissions on our Price List under Trading. 

Meanwhile, the following commission fees apply for financial instrument account servicing: 

  • A monthly fee for holding financial instruments, taken in the customer’s chosen base portfolio currency.
  • A commission fee for the customer’s chosen transaction (receiving, transferring or deregistering securities), which is taken in the transaction currency.
  • A fee for processing orders for corporate events or tax certification documents for certain financial instrument types. 

You can see the full list of service prices on the Price List under Accounts administration. 

Commission fees are taken automatically from the money in the customer’s financial instrument account. Customers must ensure that they have a sufficient balance, otherwise there may be a commission fee for a negative balance.
 

How do I submit an order for a financial instrument transaction?

You can submit an order at any branch of the bank or remotely through the online bank.

What is a convertible bond?

A company may issue convertible bonds, which the bond holder has the right to exchange for shares of this company within a certain time period.

More questions
Do I have to pay taxes?

Yes, you must pay income tax on capital gains and on capital (dividend) income.

How do I open a financial instrument account?

Existing bank customers can open a financial instrument account. They must have a current account or card account open. We recommend also activating the online bank. 

To open a financial instrument account, you must read the relevant documents, terms and conditions and sign an application to open a financial instrument account and transaction agreement. 

The easiest way to do this is for free through the Citadele online bank under Investments (New Order > Application to open a financial instrument account and transaction agreement). 

If necessary, you can also sign an agreement at any Citadele branch.

Can I receive a consultation from the bank on the best investments?

The bank does not give recommendations on the most suitable investment types, and does not recommend specific financial instruments, as only the customer can adequately evaluate and make decisions on their investments, needs and the suitability of specific financial instruments for their aims and requirements.

How much do financial instrument transactions and financial instrument account servicing cost?

Financial instrument purchase and sale transactions are subject to brokerage commissions which are calculated based on the type of financial instrument and the size of the transaction, but please bear in mind that there is a minimum commission fee per transaction, and in some markets there may be an additional fee for transactions. You can see brokerage commissions on our Price List under Trading. 

Meanwhile, the following commission fees apply for financial instrument account servicing: 

  • A monthly fee for holding financial instruments, taken in the customer’s chosen base portfolio currency.
  • A commission fee for the customer’s chosen transaction (receiving, transferring or deregistering securities), which is taken in the transaction currency.
  • A fee for processing orders for corporate events or tax certification documents for certain financial instrument types. 

You can see the full list of service prices on the Price List under Accounts administration. 

Commission fees are taken automatically from the money in the customer’s financial instrument account. Customers must ensure that they have a sufficient balance, otherwise there may be a commission fee for a negative balance.
 

How do I submit an order for a financial instrument transaction?

You can submit an order at any branch of the bank or remotely through the online bank.

What is a convertible bond?

A company may issue convertible bonds, which the bond holder has the right to exchange for shares of this company within a certain time period.

More opportunities

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Investment funds

One of the most popular financial instruments, which offers the chance to maintain and even grow the value of your savings. Service provided by Citadele subsidiary CBL Asset Management.
Learn more
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Short terms savings

A way of saving for your goals using the benefits of the Savings account and Term Deposits. Apply through the online bank and achieve your goals.
Learn more
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Personal life insurance

Life insurance can provide your family with protection and peace of mind should anything unexpected happen to you. In the event of an accident, your family could use an insurance benefit to overcome various financial difficulties. Service provided by Citadele subsidiary AAS “CBL Life“.
Learn more

In accordance with Republic of Latvia legislation, financial instruments are held separately from other bank assets, therefore the customer does not take on the risks of a situation where a bank is unable to operate, causing the bank to become bankrupt or insolvent, as well as of direct illegal activity aimed at the bank.

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