OREANDA-NEWS. On 17 December, 2014, the council of Financial and Capital Market Commission (FCMC) allowed to register Base Prospectus of JSC “Rietumu Banka” Bonds Offer Programme, stating that within Base Prospectus JSC “Rietumu Banka” has the right to make public offerings of bonds in an amount of 200 000 000 EUR.

The nominal value of one bond, volume of the each issue, price, payment terms and terms of the offer will be defined by corresponding Final Terms. Under the program of offerings it is expected to issue bonds with maturity form 1 to 10 years.   

The aim of the program is diversification of funding sources, qualitative improvement of structure of term assets and liabilities of the bank, as well as raising funds for subordinated capital of the bank.