Rietumu Banka AS (Latvia)

Rietumu Bank is a commercial bank in Latvia, founded in 1992. It is one of the major private banks in the Baltic States and the largest bank in Latvia with Latvian capital. It specializes in financial services for corporate clients and wealthy individuals. Rietumu Bank has been one of Latvia's leading banks for many years and is the fifth largest Latvian bank in assets according to the data for Q1 2018. The bank is mainly focused on serving corporate clients and wealthy individuals. Rietumu Bank has completed this process successfully and is currently implementing its new business model. The new business model of Rietumu Bank emphasizes corporate services, lending and implementation of tailor-made loans and investment projects. The techno-development and involvement in fintech development form an important part of bank activities in cooperation with and by the financing of fintech companies. Another active development sector is lending in real estate development projects including residential housing and commercial segments. The bank retains successfully active activities relating to wealth management. Over the recent years the bank has actively developed its corporate services in the e-commerce market. The international e-commerce conference eCom21 has taken place under the auspices of the bank since 2012.