Rietumu Bank’s profit for ten months of 2008 amounted to LVL 19.4 million (EUR 27.6 million). In October, the Bank earned LVL 2.6 million (EUR 3.7 million).
The Bank’s assets volume (subtracting assets under management) accounted for LVL 1.2 billion (EUR 1.7 billion).
Assets under management and on safekeeping accounts reached LVL 181.5 million (EUR 257 million).
Customer deposits topped LVL 805 million (EUR 1.1 billion), demonstrating 6% growth as compared to audited data for the six month period ended June 30, 2008.
Loans portfolio volume accounted for LVL 602 million (EUR 857 million).
Equity and reserves increased by 5% to LVL 131 million (EUR 186 million). Capital adequacy ratio reached 13.8%, whereas at the end of June it equaled 12.4%.
Eleonora Gailisha Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail:
[email protected]
