Citadele is a universal bank that offers a wide range of banking products to our retail, SME, and corporate customer base. The bank also provides wealth management, asset management, life insurance, pension, leasing, and factoring products.
In addition to traditional banking services, Citadele offers a range of services based on next-generation financial technology, including a modern MobileApp, contactless and instant payments, modern client onboarding practices, and technologically-enabled best-in-class customer service.
The Group’s main market is the Baltics (Latvia, Lithuania, and Estonia).
Citadele’s shareholders are an international group of investors with global experience in the banking sector. 74.2% of shares belong to a consortium of investors led by Ripplewood Advisors LLC and co-investors, 24.7% of shares belong to the European Bank for Reconstruction and Development (EBRD), and 1.1% of shares belong to the management and employees.
Rating Reviews
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Pros: I appreciate the stability and the structured work environment that Citadele offers. As a credit analyst, I've had the chance to develop key skills and contribute to important decisions. The teams are generally collaborative, and there's a sense of job security which is valuable in the finance industry. The leadership team is approachable and provides clear direction.
Cons: While the base salary is fair, the benefits package feels a bit standard for the financial services sector. I think there's an opportunity to introduce more modern perks or enhance existing ones, like professional development stipends or more robust health and wellness programs. Sometimes workload can be high, especially during peak reporting periods.
Advice to Management: Consider reviewing and updating the employee benefits package to align with current market standards in the banking and finance industry. Adding more flexible perks or enhancing existing ones could boost employee satisfaction and retention.
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What is the typical salary range for a Junior Software Developer at Citadele bank in Latvia?
Based on my experience as a junior developer in the Latvian banking sector, salaries at major financial institutions like Citadele tend to be competitive, with entry-level roles typically starting between €1500-€1800 net per month.
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