Four Latvian entrepreneurs founded the bank back in 2001. Initially supposed to be the bank for entrepreneurs only, later on it also established services for private customers.
Started out in the Baltic region, we gradually expanded to the European markets and beyond. As for now, our customers live and run businesses all around the world.
In 16 years, our team grew from 39 to 340+ employees. We pay attention to setting up the environment that attracts the most talented specialists.
BlueOrange (ex Baltikums Bank) was founded in 2001 by BBG AS holding owned by four Latvian entrepreneurs Alexander Peshkov, Sergey Peshkov, Andrey Kochetkov and Oleg Chepulsky. By that time, they had worked together in international business, trade and logistics for more than 10 years, so the bank was initially established by entrepreneurs for entrepreneurs. Being businesspersons themselves, they could understand needs of other businessmen like no one else. Gradually the bank started providing solutions for private customers as well.
For the 16 years bank has grown its reputation of a reliable partner and financially stable organization – bank shows high liquidity each year and even during the economic slowdown remained profitable.
Introducing the new brand of BlueOrange in 2017 was a logical step in our growth strategy. Due to the changes in modern business environment our customers’ needs and expectations change as well, which motivates the bank to become more modern and technologically savvy.
BlueOrange is about our main principles:
— Modern technologies
— Availability of our financial service throughout the world
— Constant motion
— Unlimited development