OREANDA-NEWS. August 12, 2009. Rietumu Bank’s profit for seven months of 2009 amounted to LVL 7.8 million (EUR 11.1 million), including LVL 800 thousand (EUR 1.1 million) of July profit, reported the press-centre of Rietumu Bank.
 
The Bank’s assets volume accounted for LVL 1 billion (EUR 1.4 billion). The amount of attracted resources, including deposits and customer account balances as well as resources attracted in financial markets, accounted for LVL 840 million (EUR 1.2 billion).

Loans portfolio accounted for LVL 521 million (EUR 744 million), while the Bank’s loans-to-assets ratio remains relatively low (52%).

Rietumu Bank’s equity and reserves accounted for LVL 133.2 million (EUR 190 million).

Capital adequacy ratio accounted for 15.9%.

In July, according to the loans repayment schedule, Rietumu Bank paid off EUR 75 million syndicated loan granted by the consortium of leading Western banks a year ago.