The Bank may process Personal Data for the following purposes (but not limited thereto):
to ensure personnel management in the Bank;
to provide the banking services, including:
to identify a Customer;
to provide account maintenance services (for example, to ensure payments and transfers among the financial institutions, etc.);
to ensure remote banking services (for example, Internet Banking and SMS Banking services, etc.);
to provide lending services (for example, to evaluate creditworthiness and other parameters of a Customer/guarantor/pledgor);
to provide payment card services (for example, to ensure preparation, personalisation and issuance of payment cards, authorisation of transactions with payment cards, transactions processing, transactions monitoring, travel insurance for payment cards, etc.);
to provide investment services (for example, to provide services related to financial instruments, including by telephone, etc.);
to ensure communication with the Data Subject (for example, to send Bank notifications, for telephone communication, etc.);
to implement the Bank’s obligations established in the normative acts (for example, regarding Customer/potential customer due diligence, including for Customer/potential customer identification, determination of a Real beneficial owner and politically exposed person, in implementing AML/CFTP Law requirements, etc.);
to ensure data exchange with the government institutions (for example, the Credit Register of the Bank of Latvia, the Financial and Capital Market Commission, the State Revenue Service, etc.), investigative and law enforcement authorities, state officials;
for marketing purposes (for example, for commercial messages) based on the consent of the Data Subject, if it is stipulated by the requirements of normative acts. The Bank does not require obtaining the consent of the Data Subject to offer and advertise services on the Bank’s website, in the Internet Banking system or mobile application;
to evaluate, manage and eliminate risks;
to take economic and administrative measures (for example, to ensure physical safety and protection of property, exchange of information related to consolidation of the Bank, to ensure cooperation with the Bank’s partners, document workflow, archiving, use of translation services, etc.);
to protect and to exercise rights and interests of the Bank (for example, to protect rights and interests of the Bank in courts and other government institutions, for debt recovery and collection measures, for using legal services, transfer (ceding) of the Bank’s rights of claim to Third Parties, etc.).
