Rietumu Banka has granted financing of 3.3 million euros for the renovation of a historical building in the centre of Riga, Krišjāņa Valdemāra iela 61.
Jeļena Buraja, Chairman of the Board at Rietumu Banka, shared insights with the news agency LETA, evaluating the main trends in the Latvian financial market this year and giving forecasts for the next year.
Rietumu Banka has granted a loan of 6.5 million to EfTEN Logistics enterprise. The provided financing is intended for the refinancing of the company's existing obligations aimed at ensuring the development of the logistics park "EfTEN Logistics Ķekava".
JSC Rietumu Banka has concluded a financing transaction, within which LTD Energy Investments, a special purpose company created by the management team of JSC Latvijas Gāze, acquired a 28.97% stake in Latvijas Gāze from the Luxembourg investment fund Marguerite Gas II.
Rietumu Banka has increased the amount of the credit line for the alternative lending company West Kredit to EUR 40 million. The financing is intended for lending to small and medium-sized companies, as well as real estate developers.