Finances

Financial projections, economic indicators, real estate, grants, procurements and asset values of beneficiaries

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The year 2017 was record-breaking for this company, winning the largest procurement - "Sõidukite liisimine Siseministeeriumi valitsemisalale" - to date with the total value at 15 000 000 euros. Presumably being awarded the public contract allowed to take things easy, because it did not boost the company's turnover much.

Typically, one public contract makes up a staggering 1/4 of LUMINOR BANK AS's turnover! That is quite a lot and the loss of income from public procurements would make itself felt in the turnover.

This makes it plain to see why the company is so active in tendering. – in all LUMINOR BANK AS has bid in public procurements 77 times to secure winning contracts.

The company is a solid business partner to the state that pays more taxes to the State Treasury than has received in sales turnover from its public contracts. Like a top-of-the-class student, this company has never in its history failed on its tax and reporting obligations. Neither has it swindled its business partners.