OREANDA-NEWS. October 29, 2008. Rietumu Bank’s net profit for nine months of 2008 amounted to LVL 17 million (EUR 24 million), reported the press-centre of Rietumu Bank.

The Bank’s assets (without assets under management) accounted for LVL 1.2 billion (EUR 1.7 billion) as of the end of September.

Rietumu Bank’s equity and reserves topped LVL 129 million (EUR 184 million).

As of September 30, 2008, the Bank’s loans portfolio accounted for LVL 600 million (EUR 854 million), having grown by 10% compared to the same period of 2007.

Customer deposits reached LVL 837 million (EUR 1.2 billion).