A competition of startups has been held in the Rietumu Bank premises in cooperation with Tech Hub Riga Academy within the framework of the conference “Silicon Valley Comes to the Baltics”. Earlier over 50 applications were submitted to the competition from different countries – the Baltics, Russia, Belarus, Egypt and others.
This service has been implemented utilizing the new Latvian processing centre DECTA.
In the course of the first issue, bonds in EUR and USD will be issued with a maturity period of two years and the fixed rate of return as 2% and 2.25% p.a. respectively.