News

Rietumu Bank Completing the Termination of Cooperation with High-Risk Companies

• 80% of high-risk terminated client relationships already fully completed
• Closure of prohibited risk customers 98% completed
• Strong focus placed on new business in the Baltic States and rest of EU

Rietumu Bank plans to conclude the termination of the cooperation with more than 90% of companies classified as a high risk customers by the end of summer. The progress made by the bank in this area has received positive evaluation of Latvian financial industry oversight bodies, as well as international partners. Rietumu Banka made the decision to terminate co-operation with 4,000 high-risk companies in March.

Changes in Payment Details in KZT Currency

Please note than starting 15 June payment details in KZT currency to accounts in Rietumu Bank are changing.

Rietumu supports French tapestry exhibition in Riga

The Museum of Decorative Arts and Design is inviting the public to see an exhibition of tapestries from the Mobilier National collection in France, one of the events in Riga this summer that marks the 100th anniversary of Latvia, organized with support from Rietumu Bank’s Charity Fund.

Summer Training of the Famous Vladislav Tretiak and Sergey Naumov School of Goaltenders is Completed in Riga

New iRietumu Internet Bank Web Version

Rietumu Bank has launched a new internet bank web version for its customers.

Rietumu Took the Second Place by the Profit in the Banking Sector

Association of Latvian Commercial Banks has published bank’s financial results for the 1 ^st quarter 2018. According to the data, Rietumu is among the leaders of the banking industry by all the main indices. Rietumu is on the second place by the profit among all 18 Latvian banks.