Rietumu Bank Operation Results in the Fourth Quarter

The Q4 2020 financial statement of the bank and Rietumu Group has been published.

According to the statement, the bank's net profit in 2020 reached 18.1 million euros.

The bank's assets amounted to 1.5 billion euros, customer deposits 1.1 billion euros, loans 606 million euros, capital and reserves 324 million euros. Return on capital (ROE) was 5.84%, return on assets (ROA) 1.25%, the capital adequacy ratio 22.76%. The liquidity coverage ratio was 458.72%, which is several times higher than established by the regulator (100%).

The full statement can be found on our website.