# SB Resolution

> legal entity in Latvia

**Wikidata**: [Q104429482](https://www.wikidata.org/wiki/Q104429482)  
**Source**: https://4ort.xyz/entity/sb-resolution

## Summary
SB Resolution (formerly known as Signet Bank) was a legal entity and bank operating in Riga, Latvia. Founded on May 26, 1992, it functioned as a joint-stock company (akciju sabiedrība) within the financial industry until it was officially dissolved on January 4, 2023. 

## Key Facts
- **Core Definition**: A legal entity in Latvia that operated as a bank.
- **Aliases**: Formerly known as Signet Bank.
- **Instance Of**: Bank, defunct organization.
- **Country**: Latvia.
- **Headquarters**: Riga.
- **Inception**: May 26, 1992.
- **Dissolved Date**: January 4, 2023.
- **Legal Form**: Akciju sabiedrība (Latvian joint-stock company).
- **Postal Code**: 1010.
- **Latvian Unified Registration Number**: 40003076407.
- **OpenCorporates ID**: lv/40003076407.
- **Legal Entity Identifier (LEI)**: 2138006K6SWNFWF6PE87 (registered starting February 5, 2014).

## FAQs
**What was SB Resolution?**
SB Resolution was a Latvian legal entity and financial institution that accepted deposits and operated as a bank. Prior to its dissolution, it was known by the alias Signet Bank.

**Where was SB Resolution located?**
The institution was headquartered in Riga, Latvia, with an associated postal code of 1010.

**When was SB Resolution active?**
The organization was founded on May 26, 1992, and remained active until its dissolution on January 4, 2023. 

**What was the corporate structure of SB Resolution?**
It operated under the legal form of an "akciju sabiedrība," which is the Latvian designation for a joint-stock company.

## Why It Matters
SB Resolution, operating for over thirty years under its former alias Signet Bank, represents a distinct case study within the Latvian financial sector. Originating in 1992 during the post-Soviet transition period, the institution participated in the regional economy as a financial intermediary and credit institution. Its eventual classification as a defunct organization marks the end of a three-decade corporate lifecycle. The detailed tracking of its identifiers—such as its Global LEI and Latvian Unified Registration Number—highlights the regulatory frameworks governing enterprise and depository institutions in Latvia.

## Notable For
- **Historical Longevity**: Maintained operational status for over 30 years from its inception in 1992 until its dissolution in 2023.
- **Corporate Rebranding**: Operated under the alias "Signet Bank" during its tenure as a financial institution.
- **Regulatory Identification**: Possesses a highly specific Legal Entity Identifier (2138006K6SWNFWF6PE87) that has been tracked in global systems since February 5, 2014.
- **Enterprise Classification**: Structured specifically as an "akciju sabiedrība," linking it to the distinct legal framework of Latvian enterprises.

## Body

### Terminology & Naming
The entity's primary designation is "SB Resolution," supported by the Wikidata description "legal entity in Latvia." Historically, the organization held the alias "Signet Bank."

### Classifications & Industry
As an organization, SB Resolution held specific classifications within the economic ecosystem:
*   **Instance Of**: `bank`, `defunct organization`. 
*   **Industry**: `bank operations`.
*   **Legal Form**: `akciju sabiedrība` (Latvian joint-stock company).
*   **Subclass Context**: As a bank, it inherently belonged to overlapping economic frameworks, acting as a `financial intermediary`, `credit institution`, `enterprise`, and `depository institution`.

### Location & Geography
The physical and geographic details of the entity were recorded as follows:
*   **Country**: Latvia.
*   **Headquarters**: Riga.
*   **Postal Code**: 1010.

### Timeline & History
The operational lifespan of the organization is documented by two primary data points:
*   **Inception**: May 26, 1992.
*   **Dissolved, Abolished or Demolished Date**: January 4, 2023.

### Authority & Identifier Systems
The organization is cataloged in multiple domestic and international registration systems:
*   **Latvian Unified Registration Number**: 40003076407.
*   **Legal Entity Identifier (LEI)**: 2138006K6SWNFWF6PE87 (with a start time of February 5, 2014).
*   **OpenCorporates ID**: lv/40003076407.

### Relationships & Banking Ecosystem
As an instance of a bank, SB Resolution existed within a broader network of related concepts and entities:
*   **Practiced By**: Operations would have been conducted by `bank employee`s.
*   **Physical Manifestation**: While the institution is different from a `bank building` (the physical location), its operations as a depository institution would have utilized such infrastructure.
*   **Opposite Concept**: As a bank, it is structurally the opposite of a `non-bank` entity.
*   **Digital & Mapping Presence**: In the context of its industry, banks are typically represented in systems like OpenStreetMap via the tag `amenity=bank` and in digital communication via the Unicode character 🏦 (U+1F3E6).

## References

1. [Global Legal Entity Identifier Foundation](https://search.gleif.org/#/search/fulltextFilterId=LEIREC_FULLTEXT&simpleFilters%5Bentity.addresses.country%5D=LV)
2. Register of Enterprises of the Republic of Latvia
3. Global LEI Index