OREANDA-NEWS. April 19, 2010. Net profit of Rietumu for the first quarter of 2010 accounted for LVL 1m (EUR 1.4m), reported the press-centre of Rietumu.

The Bank’s assets volume amounted to LVL 1.05bn (EUR 1.5 bn), the amount of attracted resources, including deposits and customer account balances as well as resources attracted in financial markets, totalled LVL 865 m (EUR 1.2bn); loans portfolio – LVL 509m (EUR 724m).

Rietumu’s equity and reserves comprise LVL 133.2m (EUR 190m).

Capital adequacy ratio accounted for 17.5% thus considerably exceeding requirements of international and local regulators.