OREANDA-NEWS. August 25, 2008. Rietumu Bank annual Shareholders’ and Council meeting took place. The Bank’s Council and Shareholders approved audited interim financial statement 2008 and the auditor’s KPMG Baltics opinion, reported the press-centre of Rietumu Bank.

In line with the interim financial statement, net profit of Rietumu Bank for the first six months of 2008 accounted for LVL 12.2 million (EUR 17.4 million), the Bank’s assets – LVL 1.1 billion (EUR 1.6 billion).

The shareholders’ meeting resolved to include the profit received in the first half of 2008 into the Bank’s possession and not to count it in profit calculation for distribution of dividends at the end of the year.

During the shareholder’s meeting, the Bank’s Council was elected. Leonid Esterkin was re-elected as the Chairman of the Council; Arkady Suharenko and Brendan T Murphy were elected as Deputy Council Chairmen; Dermot Desmond, Vitali Lipanov and Valentin Bluger were once again appointed as Members of the Council, whereas Rolf Fuls became the new Council Member.