Rietumu Bank’s net profit accounted for LVL 1 million in September

8 October 2009, 12:00
Rietumu Bank’s net profit in the 3rd quarter of 2009 accounted for LVL 2.2 million (EUR 3.1 million), while for nine months of 2009 the Bank’s net profit topped LVL 9.2 million (EUR 13.1 million).

As of 30.09.2009, the Bank’s assets volume accounted for LVL 1 billion (EUR 1.4 billion); the amount of attracted resources, including deposits and customer account balances as well as resources attracted in financial markets, accounted for LVL 828 million (EUR 1.2 billion); loans portfolio – for LVL 504 million (EUR 717 million).

Rietumu Bank’s equity and reserves amounted to LVL 135 million (EUR 192 million) as of the end of September.

As of 30.09.2009, capital adequacy ratio reached 16%, having substantially exceeded international (Basel) standard (8%) and the standard set by the Financial and Capital Market Commission (10%).

Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: [email protected]