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Rietumu Bank Will Take Part in The European Business Aviation Convention & Exhibition Held in Geneva

23-May-2016 / Products & Services From 24 to 26 May a significant event in the world of business aviation will be held in Geneva – the 16 th annual European exhibition, where the aviation community leaders of the Old World will assemble. A representative from Rietumu Bank will also take part in it.

The event will be held in the famous exhibition centre – Palexpo, which adjoins Geneva International Airport, where a static display of aircraft is located.



“We have very good experience in international lending, in particular for the services of financing business aviation aircraft, recreational craft, yachts and other luxury vehicles. In recent years private aircraft have been enjoying increasing demand. In view of the growing interest of our clients, we are actively engaged in providing the required financing for the acquisition of business jets. Participation in this exhibition will contribute to the development of this trend not only in our bank, but also in Latvia and in our region in general, where the transport area is one of the key industries. The sky, similarly to business, has no borders,” said Member of the Board of Rietumu Bank Renat Lokomet.

Rietumu is one of the biggest private banks in the Baltic states, specialised in corporate banking and affluent individuals. The bank is well presented on international markets and provides a full range of financial services to its clients, including the financing of transport: ships, yachts, aircraft and rolling stock. Recently the bank completed another transaction on financing the acquisition of a new Gulfstream business jet for a bank client, which meets the latest world standards of private aviation. The aircraft is used for the needs of one of the biggest international clients of the bank.

EBACE – The European Business Aviation Convention & Exhibition is a modern international platform which aims to unite two industries: the ones who provide services and the ones who use them. The biggest businesses, latest developments in the field of services and many other things will be represented at the exhibition. Business leaders, representatives of public authorities, manufacturers, staff and all those involved in every aspect of business aviation are invited.

Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: egailisha@rietumu.lv
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