News

Changes in Rietumu Bank’s Working Hours due to Song and Dance Festival

Due to Latvian Song and Dance Festival, Monday, 9 July, is an official holiday in Latvia.

Changes in Additional Travelling Programs for Credit Cards

We would like to inform you that starting 31 August Collinson Group Company terminates the Priority Traveller program for credit cardholders.

Interview with the head of Credit Department Arthur Juksh in “Dienas bizness”

Changes in Rietumu Bank’s Working Hours due to National Holiday

Due to the National “Ligo” holiday Friday, June 22, will be a shortened working day.

Regarding Terms and Conditions of JSC “Rietumu Banka” and Client Agreement new wording

Rietumu Bank Completing the Termination of Cooperation with High-Risk Companies

• 80% of high-risk terminated client relationships already fully completed
• Closure of prohibited risk customers 98% completed
• Strong focus placed on new business in the Baltic States and rest of EU

Rietumu Bank plans to conclude the termination of the cooperation with more than 90% of companies classified as a high risk customers by the end of summer. The progress made by the bank in this area has received positive evaluation of Latvian financial industry oversight bodies, as well as international partners. Rietumu Banka made the decision to terminate co-operation with 4,000 high-risk companies in March.