Announcement on the sale of SIA MAGNUM ESTATE claim rights through competitive bidding


The administrator of the insolvent AS PNB Banka, registration No 40003072918 (hereinafter – PNB Bank), Mr Vigo Krastiņš, and SIA MAGNUM ESTATE, registration No 40103295514 (hereinafter – SIA MAGNUM ESTATE), hereby announce a voluntary sale of SIA MAGNUM ESTATE claim rights towards PNB Bank (hereinafter – Claim).


The Claim amounts to EUR 212 823,32 arising out of the demand deposit for legal entities on the current account No LV44LATB0003210089670 opened on July 23, 2019.



The Claim has been added to the register of claims as a creditor’s claim submitted in due time.


The deadline for application is April 14, 2023, 5:00 PM.


All persons willing to participate in the competitive bidding should complete the following:


- by April 14, 2023, 05:00 PM, attend an on-site identification at the Bank’s office, submit the application form filled out in compliance with the Competitive Bidding Regulations, and all other documents indicated therein.


The application for participation in the competitive bidding and documents attached thereto should be submitted at the Bank’s office in Riga, 21 Ernesta Birznieka-Upīša Street, on business days from 09:00 AM to 05:00 PM, or sent to as an electronic document duly signed with a secure electronic signature with a timestamp.

For more information, please send your request to or call +371 29415520.