JSC Rietumu Banka, trading as Rietumu Banka, is authorised by the Financial and Market Commission in Latvia and is regulated by the Central Bank of Ireland for conduct of business rules. We provide corporate lending to corporate entities (which are usually special purpose vehicles (SPV)) based in Ireland on a cross-border basis.
Rietumu Banka funds senior debt transactions in the Commercial Real Estate (CRE) sector in major cities of the Republic of Ireland. Our clients are professional property investors who are looking for funding options in CRE sector. Lending is usually offered to Special Purpose Vehicles established for a single purpose to hold the legal interest in the property.
All loans have to be approved by the Bank’s Credit Committee. A loan can be granted only after the loan agreement and other documents have been signed and all conditions precedent have been met. The Bank does not consider funding of speculative transactions.