Banks, Financial Services, Latvia
International Internet Magazine. Baltic States news & analytics
Saturday, 27.04.2024, 01:38
Rietumu bank’s profit reached EUR 37.6 mln in H1
Print version |
|---|
As
of 30.06.2015, the bank’s assets amount EUR 3.6 billion, demonstrating 4.4%
growth from the start of the year. The volume of clients’ deposits has
increased by 2.6% up to EUR 3.2 billion. The bank’s capital and reserves amount
to EUR 362 million (+12%).
The return on investment (ROE) is 21.94% and the return on assets (ROA) –
2.12%.
The bank’s capital adequacy ratio, with account of the six months’ profit, is
19.95%.
“I am satisfied with the results of the first half-year,” said Alexander Pankov, Rietumu Bank President. “The current conditions set new tasks for
businesses and, at the same time, provide new and interesting opportunities.
Our clients find new solutions for their further development. We look forward
with optimism and always remain a reasonably conservative, reliable and
amicable partner.”
This financial statement for the first half-year will be approved at the Rietumu Bank Meeting of Shareholders on
1 September 2015.
Financial statements of the Bank and Rietumu
Group for the first half-year of 2015 are available on the website: http://www.Rietumu.com/bank-finance.
«The Baltic Course» Is Sold and Stays in Business!
