Rietumu Bank hereby announces the successful accomplishment of previously announced issue of two-year U.S. dollar denominated bonds.
24 – 27 December – holidays; the office of Rietumu Bank in Riga will be closed.
Rietumu Bank will continue further cooperation with the largest community in the IT and startup area – TechHub Riga. This will contribute to the development of financial technologies in Latvia. A programme of measures has already been planned within the framework of this cooperation, which will allow businessmen to strengthen their knowledge, participate in special courses, as well as to set up new business contacts in Latvia and abroad.
The electronic commerce market has been growing rapidly all over the world, more and more new players appear and clear trends are being formed in response to business requests. The development of e-commerce has become one of the central topics at the eCom21 conference held in Riga on 19th-20th November. We asked Ruslan Stecyuk, the Chairman of the eCom21 Steering Committee and the First Vice President of Rietumu Bank, about the place taken by banks in the process of transformation of this ecosystem and about the driver of these changes.
The bonds aroused high interest among investors and subscription passed very successfully. Rietumu bonds reflect the main principles of bank’s investments politics and are both low-risk and competitive income level financial instruments.