Rietumu Banka

Rietumu Banka
Company typeJoint-stock company
IndustryFinancial services
FoundedMay 14, 1992
Headquarters,
Key people
Jeļena Buraja, Ruslan Stecyuk, Mihail Birzgals, Vladlen Topchiyan
15.9 million euros (31.12.2023)
Total assets 1.5 bn EUR (31.12.2023)
Number of employees
380 employees
Websitewww.rietumu.com

Rietumu Banka is the largest Latvian capital bank and one of the four largest commercial banks operating in the country.

In the TOP101 rating, compiled by the investment bank Prudentia and the Nasdaq Riga Stock Exchange, Rietumu Banka is recognized as the most valuable local company in the financial services sector and ranks fifth among all sectors of local Latvian private companies.

In the European System of Financial Supervision (ESFS), Rietumu Banka is recognized as a systemically important institution along with other major European banks.

The founders of Rietumu Banka are Latvian citizens, who are its current owners. The largest shareholders of the bank are SIA ‘’Esterkin Family Investments’’ (33.12%; sole owner Leonids Esterkins), Boswell (International) Consulting Limited (33.11%; sole owner Dermot Fachtna Desmond), Suharenko Family Investments (17.34%; sole owner Arkādijs Suharenko).