Rietumu Bank’s interim financial results

28 July 2011, 12:00
After the first six month of 2011 net unaudited profit of Rietumu Bank accounted for 2.6 million LVL (3.7 million EUR) that implies 26% growth in comparison to corresponding period in 2010.

In comparison to 30.06.2010 asset volume increased for 140 million LVL of 14% and accounted for 1.2 billion LVL (1.7 billion EUR), loan portfolio increased for 33 million LVL or 6% and accounted for 592 million LVL (842 million EUR).

Deposits accounted for 970 million LVL (1.4 billion EUR), equity and reserves – 130 million LVL (185 million EUR). Capital adequacy ratio – 18.5%.

Full text of the financial statements is available on our website.

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