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Rietumu Bank is a Latvian commercial bank established in 1992. It is one of the major private banks in the Baltic States, and the largest bank having Latvian capital in Latvia, specialising in financial services for corporate clients and wealthy individuals. The bank is headquartered at Rietumu Capital Centre in Riga. For many years, Rietumu Bank has been one of the leading Latvian banks and, according to the data for Q1 2018, it is the fifth largest Latvian bank in terms of assets. The bank's activities are mainly focused on serving corporate clients and wealthy individuals.

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  • Rietumu Banka
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  • Rietumu Bank is a Latvian commercial bank established in 1992. It is one of the major private banks in the Baltic States, and the largest bank having Latvian capital in Latvia, specialising in financial services for corporate clients and wealthy individuals. The bank is headquartered at Rietumu Capital Centre in Riga. For many years, Rietumu Bank has been one of the leading Latvian banks and, according to the data for Q1 2018, it is the fifth largest Latvian bank in terms of assets. The bank's activities are mainly focused on serving corporate clients and wealthy individuals.
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  • Rietumu Banka
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  • Rietumu Bank is a Latvian commercial bank established in 1992. It is one of the major private banks in the Baltic States, and the largest bank having Latvian capital in Latvia, specialising in financial services for corporate clients and wealthy individuals. The bank is headquartered at Rietumu Capital Centre in Riga. For many years, Rietumu Bank has been one of the leading Latvian banks and, according to the data for Q1 2018, it is the fifth largest Latvian bank in terms of assets. The bank's activities are mainly focused on serving corporate clients and wealthy individuals. Traditionally, an important part of Rietumu Bank's activities was related to foreign markets; however, in 2018, the bank started transforming its business model, focusing on Latvia, other Baltic States, EU and OECD member states. In 2018, requirements to evaluation of risks associated with clients changed dramatically. As part of its business transformation, Rietumu Bank has made a decision to terminate relations with high risk clients or so called “shell companies” in accordance with requirements relating to classification of “shell companies” adopted in Latvia in the spring 2018. Rietumu Bank has successfully completed this process, and currently implements the bank's new business model. Rietumu Bank's new business model emphasises corporate services, lending, including implementation of tailor-made lending and investment projects. Technological development and involvement in fintech development form an important part of bank's activities in cooperation with and by way of financing fintech companies. Another active development area is lending related to real estate property projects, including residential housing and commercial segments. The bank is also actively involved in cross-border and commercial financing projects, supporting expansion of Latvian and Baltic companies abroad. The bank simultaneously maintains successful activities relating to wealth management. Over the recent years, the bank has actively developed its corporate services provided in the area of e-commerce. Since 2012, an international e-commerce conference eCom21 has taken place under the bank's auspices. Each year the conference gathers hundreds of participants from the Baltic region, Central, Eastern and Western Europe, CIS, Asia and elsewhere.
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