OREANDA-NEWS. March 25, 2011. The Central Bank of Russia, at the request of Yuri Isaev, the Deputy Chairman of the State Duma Committee on Financial Markets, has assessed Rietumu Bank and admitted that the bank’s operations contain no legal, financial or any other faults. The Federal Antimonopoly Service of Russia found no controversies earlier either, reported the press-centre of Rietumu.

Shareholders and top managers of Rietumu have perceived the well-justified conclusion of the Central Bank of Russia with content and consider that it is fully in line with the current tendency aimed at improvement of the relationships between Russia and the EU, whereas Latvia is one of the member states.

Simultaneously, creation of the most fertile business environment that will foster development and cooperation is among the key strategic goals of both Russia and the EU. As a European bank, Rietumu has always been contributing to enhancement and strengthening of business cooperation between Russia and Latvia.