Rietumu Bank Presents Financial Results for 11 Months
OREANDA-NEWS. December 09, 2009. Rietumu Bank’s net profit for 11 months of 2009 accounted for LVL 9.6 million (EUR 13.7 million), reported the press-centre of Rietumu Bank.
The Bank’s assets volume amounted to LVL 1 billion (EUR 1.4 billion); the amount of attracted resources, including deposits and customer account balances as well as resources attracted in financial markets, accounted for LVL 817 million (EUR 1.2 billion); loans portfolio - LVL 485 million (EUR 690 million).
Rietumu Bank’s equity and reserves totalled LVL 135 million (EUR 192 million).
As of 30.11.2009, capital adequacy ratio totalled 16.5%, thus substantially exceeding requirements of international and local regulators.
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