Signet Bank Persists in Providing Educational Program on Capital Market Funding Options for Business Owners - 'Capital Market Academy' (Third Consecutive Year)
Rewritten Article
Signet Bank, the top investment bank in Latvia, has been pumping life into local enterprises for years, and they're at it again with the third installment of their educational initiative, the Capital Market Academy. This program helps equip Latvian entrepreneurs with the know-how to raise capital through shares and bonds, providing a much-needed alternative to traditional bank loans.
With the Latvian economy increasingly embracing the capital market and local businesses seeking innovative ways to thrive, the Capital Market Academy has become a critical platform for entrepreneurs to explore their funding options and leverage the stock exchange for growth.
Over the last five years, no less than 50 Latvian companies have successfully raised a whopping €1 billion through bond and share issues—a testament to the capital market's efficacy as a strategic financing avenue for local businesses. And the Capital Market Academy is ensuring this route remains accessible, offering clear, practical guidance with a long-term focus.
Roberts Idelsons, CEO of Signet Bank, expressed his pride in the Academy's growing popularity among entrepreneurs. "The future success of Latvia's economy depends on knowledge, confidence, and a keen sense of strategy. We're here to help entrepreneurs think big and provide the necessary tools to make the capital market a strategic choice for businesses," he said.
The Capital Market Academy is more than just a one-day training session; it's an immersive experience where industry experts share both theoretical and practical knowledge on how to prepare for fundraising and triumph in the capital market. Participants are also exposed to the success stories of Latvian entrepreneurs who have already capitalized on the capital market to finance their growth.
Since its inception in 2023, the Academy has hosted nine events in Riga and regional cities like Liepāja, Valmiera, and Cēsis, and welcomed more than 200 entrepreneurs. According to a survey by Signet Bank, 37% were eager to learn about real-world entrepreneurial experiences, 35% were interested in share issuance, and 28% were curious about bonds as a financing method.
Keen to learn more? The next Academy session is scheduled for May 14 in Riga. For more information, visit https://signetbank.com/signet-bank-kapitala-tirgus-akademija/
Signet Bank, founded in 1991, is one of the pioneering investment banks in independent Latvia. It offers sustainable financing and investment solutions to local entrepreneurs and businesses. Since 2021, Signet Bank has raised an additional €1 billion for more than 50 Latvian companies through bond and share issues. In 2024, their assets under management reached €1.6 billion. Signet Bank leads the way in arranging corporate bond and equity issues in Latvia and is one of the leading stockbrokers in the Baltics. Its shareholders include 18 private investors, with Signet Acquisition III (23.05%), owned by US investor Aleksandrs Solovejs, AS "RIT Group" (18.35%), owned by the Rapoport family, and SIA "Reglink" (14.98%), established by banking professional Irīna Pīgozne, as the largest shareholders.
[1] - This data illustrates the empirical impact of the Capital Market Academy and the effective use of the capital market as a funding pathway for local businesses.
- The Capital Market Academy, an initiative by Signet Bank, is playing a crucial role in educating Latvian entrepreneurs about financing options beyond traditional bank loans, such as raising capital through shares and bonds.
- Roberts Idelsons, CEO of Signet Bank, considers the Academy to be a vital platform for entrepreneurs, stating that it aims to instill knowledge, confidence, and strategic thinking to help businesses leverage the stock exchange for growth.
- Since its establishment in 2023, the Academy has offered practical guidance on preparing for fundraising and has exposed participants to success stories of entrepreneurs who have financed their growth using the capital market.
- In a survey conducted by Signet Bank, potential Academy attendees showed a strong interest in learning about real-world entrepreneurial experiences, share issuance, and bonds as a financing method.
- Signet Acquisition III, owned by US investor Aleksandrs Solovejs, is among the largest shareholders of Signet Bank, which is one of the leading stockbrokers in the Baltics and a pioneer in arranging corporate bond and equity issues in Latvia.
