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Rietumu Bank and European Lingerie Group Sign and Close a Landmark Transaction

A transaction has been prepared and concluded by Rietumu Bank on the financing of the business of international group of companies European Lingerie Group (ELG). The total amount of financing is EUR 27 million.
 

Food Union tops 2020 projections despite year of global uncertainty

Food Union (Europe), a global ice cream and dairy producer and distributor, owner of Khladokombinat No.1 in Russia, will wrap up 2020 by posting strong financial results and delivering outstanding commercial performance despite the global uncertainty caused by the COVID-19 pandemic. The Group has seen its market grow amid challenges caused by changing markets, evolving consumer preferences and transforming distributor value chains.
 

Rietumu Bank’s Charity Fund Co-finances the Restoration of St James’s Cathedral in Riga Old Town

Rietumu Bank’s Charity Fund has allocated funds to complete the reconstruction of the tower and install the facade lighting of St James’s Cathedral in Riga Old Town.
 

Kalsnava Distillery Gives 1000 Litres of Alcohol to the Children’s Hospital for Making Disinfectants

The largest Latvian producer of organic alcohol Kalsnava Distillery will give 1000 litres of alcohol to the Children’s Clinical University Hospital in Riga to make disinfectants.
 

The Kalsnava Distillery alcohol manufacturing plant adjusted its manufacturing to produce alcohol for disinfectants manufactured in Latvia

The largest Latvian producer of organic alcohol, Kalsnava Distillery, switched to round-the-clock work in order to satisfy the extremely high demand for disinfectants.
 

Financial Results of Rietumu Bank in 2019

Unaudited results of operation of the bank and the Rietumu Group in 2019 have been published.
 

Rietumu Guide Has Been Released in Latvian

The first Latvian edition of Rietumu Guide – the bank’s guidebook to Riga and Latvia – has been released. This is the original author's edition intended primarily for Latvian customers and friends of the bank.
 

‘Golden Standard’ in Rietumu Bank’s Gallery

The Golden Standard exhibition has opened in Rietumu Bank’s Gallery, where one can see works of both classics of Latvian painting and modern artists, cooperating with the Happy Art Museum Gallery.
 

Baltic International Bank considers the fine of FCMC as disproportionate, plans to appeal

Baltic International Bank (Bank) on a continuous basis is working together with the Financial and Capital Market Commission (FCMC) on the strengthening of the Bank’s internal control system (ICS) due to the constantly changing and raising requirements in the banking supervision process. Aim is to achieve accurate and clear requirements towards the Bank, it’s rights and responsibilities without allowing any interpretation. Already in 2016 Bank changed it’s business model and actively implements new business strategy – with the purpose of becoming a strong investments Bank in the Baltic region.
 

A New Campaign “Our Search for the Best Nurse” Has Started

On 12 November, a new campaign “Our Search for the Best Nurse”, conducted by Rietumu Charity Fund, was started. The goal of this campaign is to attract public attention to the importance of the nurse’s profession and contribute to the increase of its prestige.
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№9(138) Сентябрь 2021
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В концертном зале <<Дзинтари>> завершился XVIII международный фестиваль Kremerata Baltica
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Худейкина кухня

Острые фрикадельки-чоризо

Фрикадельки готовятся из мясного фарша с добавлением смеси специй, которые придают мясу аппетитный красный оттенок и тот самый аромат колбасок чоризо.
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Мысли напрокат от Виктора Шендеровича

«Нашедшего выход затопчут первым».