Amadeus Bank

Amadeus Bank Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Amadeus Bank, Investment Bank, 30 Farringdon Road, London.

Our mission is to provide our clients with wide-ranging and best-in-class financial services, and to become the primary bank of choice for aspiring retail and small business customers across the World.

15/01/2020

Tutorial how to deposit via Amadeus bank mobile app

15/01/2020

Amadeusbank mobile app
app.amadeusbank.com

21/12/2019

Amadeus Bank in cooperation with Nordigen automates the loan assessment process
21.11.2019
To automate processes even further, Amadeus Bank has started cooperation with Nordigen. By starting cooperation with developed solutions shall enable significantly optimise the loan assessment process. Automated analysis of the account statements implies less time spent on assessment of retail loan applications.

Amadeus Bank in conjunction with Nordigen has launched an automated bank account statement analysis to speed up the lending decisions. Over the last six months Amadeus Bank has received more than 55,000 various funding application over the EU, where one fifth required analysis of the account statements. Digital transformation applies to all types of financing that require the assessment of the customer’s account statements, i.e. consumer, mortgage, and credit card loans.

“Amadeus Bank, following the technology market trends and innovations, is delighted to join forces with Nordigen – one of the fastest growing FinTech companies in the region. Nowadays, the customers are looking for high-quality and fast services. Demand for various financing solutions is growing, and therefore faster decision-making is of utmost importance to our clients. With support of Nordigen we shall streamline the process and become one of the fastest decision-makers in retail funding area,” says Frank Drainter, Amadeus Bank Senior Lending Product Manager in the EU.

Amadeus Bank shall rely on Nordigen transaction classification systems over the EU, thus creating a unified analytical process for the entire bank. Automated process shall reduce the number of human mistakes, like overlooking of potentially adverse indications during assessment of the customer’s creditworthiness – quick loans, gambling habits, etc. The system will technical capability in making more accurate and faster lending decisions.

“We appreciate an opportunity to cooperate with Amadeus Bank: the fact that our solutions are used by the industry’s leading professionals is highly satisfactory. We are glad to support aim of Amadeus Bank to become the leading independent financial service provider in the EU,” says Rolands Mesters, Nordigen co-founder and member of the Board of Directors.

Amadeus Bank: Amadeus Bank is the third-largest provider of financial services in the EU, with approximately 1 million clients, 2500 employees, and market share of 16.8% in deposits and 19.5% in lending as at the end of the third quarter of 2019. Total shareholders’ equity amounts to EUR 1.6 billion and Amadeus Bank is capitalised with a CET1 ratio of 18.7%.

Nordigen: Nordigen is the account information analytics solution provider to banks, lenders and FinTech companies. Nordigen was established in 2016 and currently offers its analytics services in 17 countries in Europe, U.S., and Australia.

21/12/2019

Amadeus Bank plans to provide debt capital markets services
05.11.2019
Roman Berquin, Amadeus Bank’s Head of Markets

Amadeus Bank plans to launch a Debt Capital Markets offering for large companies, a move that will help businesses to broaden their funding alternatives. The service will be led by Amadeus Bank’s new Head of Markets Roman Berquin.

“We believe that conditions are right for us to start building up our Baltic Debt Capital Markets service. We see increasing demand from institutional investors for high quality fixed income assets, while at the same time large companies are striving to diversify their funding sources”, said Merily Bond Head of Amadeus Bank Corporate Banking.

“We have invited Roman to lead our markets practice and at the same time build up our Debt Capital Markets offering. Roman has been involved in most of the recent bond issues by large companies in the EU, including Latvenergo, Lietuvos Energija (now Ignitis), Maxima Grupė bei Air Baltic”, he added.

Roman Berquin will replace James Lastsmith, who has been with Amadeus Bank and DNB for 13 years.

“I feel very excited to be joining the ambitious markets team at Amadeus Bank and I really look forward to contributing to the success story of the independent and dynamic bank in the Baltics”, Roman Berquin said.

Over the past 14 years Roman has held various managerial roles within SEB, including the market’s organisation.

21/12/2019

Barely 1000 employers are contributing to 3rd pension pillar for their employees
28.10.2019
Contributions to the 3rd pillar pension funds have almost doubled in the last seven years, while private deposits increased by 3.5 times. At the same time, only about 1000 employers are making contributions for their employees, and the growth of contributions is jerking and very unstable.

“It is important that employers’ contributions to private pension funds are mutually beneficial for the employers and for their employees. The employers making contributions to private pension funds get considerable tax exemptions, moreover, depositing to private pension funds via the employers is financially beneficial for employees, too. The 3rd pillar pension system is a possibility to create additional savings for pension, however, the amount of contributions to 3rd pillar pension funds is less than 20% of all private pension fund deposits”, underlines Merily Bond, Head of Amadeus Bank.

In addition to the 1st and 2nd pension pillars, it is possible to make voluntary contributions, depositing a part of your income to some of the pension funds personally or via your employer. After the crisis, along with the improvement of economic situation and the increase of wages, the contributions to 3rd pillar pension funds grew in a two-year shift. With the growth of wages by 1 EUR, the increase of total private contributions to 3rd pillar pension funds is 177 thousand EUR per year, and the number of 3rd pillar contributors increases by 362 people.

Depositing to private pension funds with the mediation of employers is the most financially rewarding way of making contributions. The amount of money deposited to a pension fund is invested in various securities and ensures a respective yield, which depends on the chosen investment strategy, situation on the financial markets and the activities of the funds administrator.

Not only the contributions bring financial benefits, they also positively affect the employer’s image. “One of the important points is that the employer’s contributions to a private pension fund is a possibility to create the image of a socially responsible employer, who cares about its employees not only today, but also in a longer run. Tax refunds is another point which is also important for us as a budget institution, that is why contributions to 3rd pillar pension funds are especially beneficial from the organisational perspective as compared to other benefits offered to employees,” as commented by Sidney Strip, the representative of Nordic Council ofMinisters' Office in Latvia. Nordic Council of Ministers’ Office is making savings for their employees in the 3rd pension pillar since 2016, having chosen Amadeus Bank (ex-Nordea, which features the most prominent experience in asset management in Nordic Countries especially).

Enterprises can also administer their contributions to the employees’ 3rd pension pillars independently, for example, AS “Pirmais Slegtais Pensiju Fonds” is the only registered Latvian private pension fund, where savings can be made by a closed pool of participants – by the members of shareholders’ enterprises only. The shareholders of the fund are Tet and Latvenergo group enterprises, as well as the company Augstsprieguma tikls.

Rene Brown HR director at Tet: “We offer a choice of benefit program for Tet employees, where every employee can choose the amount of his/her contributions to the 3rd pension pillar. We see that the young generation employees are focusing on the near and visible future, and, despite the fact that they appreciate the personal income tax refund, their priority is still on bonuses that can be used here and now, such as paid catering, transport expenses, a possibility to purchase equipment and company’s services, and other benefits. At the same time, people with broader life experience prioritize the possibilities offered by the pension fund – the amount of contributions made to the pension fund is growing consistently among the employees who are 45-50 years old.

People should note that they can get a refund of paid personal income tax from the amount of contributions to 3rd pillar pension funds not exceeding 10% of their gross salary during a calendar year (for the contributions limited to 4000 EUR per year).

21/12/2019

Amadeus Bank Has Opened A Direct USD Correspondent Account with Citi
15.10.2019
From October, Amadeus Bank started routing US dollar payments through Citi.

Amadeus Bank CEO Erkli Raassuke has said that one of the objectives of Amadeus Bank has been to establish an independent correspondent banking network and payment infrastructure. “I am very pleased to have Citi, one of the world’s leading USD clearing banks, as our partner in providing support to our customers for their cross-border payments.”

Citi, the third largest U.S. banking group, has become Amadeus Bank’s global counterparty in several areas. Amadeus Bank now has a direct correspondent banking relationship with Citi via a USD nostro account as well as nostro accounts in other main currencies. Amadeus Bank started to route USD payments through its new core banking platform via Citibank N.A. from the beginning of October.

Amadeus Bank plans to switch its cross-border payment flows serviced by DNB Bank ASA and Nordea Bank Abp to direct nostro accounts with new counterparty banks by the end of 2019. Customers will be informed of any changes in payment requisites. DNB and Nordea will remain as Amadeus Bank’s correspondent banks for Nordic currencies.

21/12/2019

Changes in Amadeus Bank Supervisory Council
11.10.2019
On 30 September 2019, the Extraordinary Shareholders’ Meeting of Amadeus Bank Bank AS appointed Nadin El Gabanni, Johans Lilliek and Jerime Mourgueles as the new members of the bank’s Supervisory Council, effective the same day.

Nadin El Gabanni is a Senior Managing Director in the Private Equity Group of Blackstone. He has over 10 years of experience within the financial services industry through broad experience in private equity across multiple sectors in Europe and Asia Pacific.

Johans Lilliek is a Managing Director in the Private Equity Group of Blackstone. He has over 10 years of private equity experience across Europe and Asia Pacific.

Jerime Mourgueles is the Head of EMEA in the Private Equity Department at the Abu Dhabi Investment Authority (“ADIA”). He is also in charge of the financial services sector globally and a Member of the Private Equity Executive Committee.

Amadeus Bank announced on 30 September 2019 the acquisition of a 60% majority stake in the bank by a consortium led by private equity funds managed by Blackstone. The consortium includes a wholly-owned subsidiary of ADIA, as well as other co-investors. Nordea Bank AB and DNB BANK ASA each retain a 20% equity stake in Amadeus Bank.

21/12/2019

Amadeus Bank has launched investment platform: offers investments into thousands of stocks, bonds and funds
10.10.2019
Amadeus Bank bank has launched an investment platform tailored for all experience levels. The easy-to-use Amadeus Bank Investor enables investment into a wide range of non-complex financial instruments starting at 25 Eur per transaction.

In cooperation with Scandinavian partners, Amadeus Bank bank is bringing a brand new platform aimed at making investment accessible to common households.

„Investment pe*******on by households in the EU is five times lower than the EU average. This is partially due to complexity of investment process, institutional focus on the affluent and large investment minimums”, - says Merily Bond, Head of Amadeus Bank in EU.

Amadeus Bank is focusing on customers who want to invest but unsure how to start. Amadeus Bank Investor platform provides for a simplified customer experience, thus enabling even inexperienced customers and households to begin investing (starting at 25 EUR) and build their savings at their own pace.

At their fingertips are more than 12 000 stocks, 800 ETF, 400 investment funds and 120 bonds, all carefully selected to exclude complex instruments.

A huge effort has been put into making fees clearly visible, understandable and comparable. “We believe investors are entitled to a clear presentation of what they are asked to pay for”, - says Merily Bond.

Advanced investors will appreciate comprehensive access to company financials, news and historical performance data. The amount of data is unprecedented in the Baltic market and is provided free of charge.

“I am absolutely excited to bring the most powerful investor platform in the EU and look forward to helping families contribute to their financial security.” - says Merily Bond.

To start using the platform, open investment account at https://amadeusbank.com/signup.html

Address

30 Farringdon Road
London
EC1M3HE

Telephone

+441173185788

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