Rietumu Bank Presents Financial Results for August
OREANDA-NEWS. September 16, 2009. Rietumu Bank’s net profit for eight months of 2009 amounted to LVL 8.2 million (EUR 11.7 million), reported the press-centre of Rietumu Bank.
The Bank’s assets volume accounted for LVL 1 billion (EUR 1.4 billion) as of 31.08.2009. The amount of attracted resources, including deposits and customer account balances as well as resources attracted in financial markets, accounted for LVL 837 million (EUR 1.2 billion). Loans portfolio accounted for LVL 513 million (EUR 733 million).
Rietumu Bank’s equity and reserves accounted for LVL 134 million (EUR 191 million).
As of 31 August, capital adequacy ratio reached 16% exceeding regulatory requirements twofold.
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