Rietumu Bank finances projects of legal persons in Latvia and abroad.
A loan can be secured by liquid commercial real estate in the Baltic States, Ireland, the United Kingdom and other EU countries. The possibility to consider certain collateral is evaluated individually for each project separately.
A classical loan is issued in full amount or by parts, in accordance with the project implementation schedule. The redemption takes place in accordance with the previously agreed schedule of payments.
A credit line is intended for increasing current capital within the framework of the granted limit; funds are received and reimbursed as and when required.
Consideration of an application: up to two weeks from the moment of provision of a full set of documents.
Issues about granting a loan and its conditions are considered by the Credit Committee of the Bank.
A loan is granted after the signing of the loan agreement, other documents and fulfilling all necessary conditions.
Applications for the financing of projects with signs of speculative transactions are not considered.