Rietumu Bank’s profit for six months of 2009 accounted for LVL 7 million (EUR 10 million).
As of the end of June, the Bank’s assets volume accounted for LVL 1.04 billion (EUR 1.48 billion). The amount of attracted resources, including deposits and customer account balances as well as resources attracted in financial markets, accounted for LVL 870 million (EUR 1.2 billion), loans portfolio – LVL 530 million (EUR 755 million).
Rietumu Bank’s equity and reserves accounted for LVL 133 million (EUR 190 million).
Capital adequacy ratio reached 15.7% as of 30 June 2009, while the liquidity ratio – 48%. Both indicators increased significantly as compared to 2008 year-end data (14.3% and 44.6% respectively) and have substantially exceeded minimum requirements of the Basle Accord and the Financial and Capital Market Commission.
At present, KPMG is auditing Rietumu Bank’s interim financial statements. Audited results will be published in August.
Eleonora Gailisha Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail:
[email protected]
