Rietumu Banka

[3] Rietumu Banka's operations are focused on serving large and medium-sized businesses and affluent individuals in Latvia, as well as in other Baltic and European countries.

The bank's clients include companies operating in sectors such as green energy, food production, manufacturing, commercial and residential real estate development, construction, financial services, technology, trade, etc.

Rietumu Banka offers financing new projects, refinancing existing liabilities, credit lines, and investments in business.

The bank ensures the management of free funds by applying various liquidity solutions and making investments in global financial market instruments.

Previously, she managed the corporate finance, investment, and legal areas of the bank, as well as the activities of the Rietumu Banka Group.

Rietumu Banka and the charity foundation established by the bank, the Future Supporting Fund,[14] donated 50,000 euros to the Angels Across Latvia project dedicated to the medical treatment of Latvian children.

In spring 2023, the Art Museum Riga Bourse featured the exhibition "Reflections of the Era," showcasing works by Latvian artists from the Rietumu Banka painting collection.

Main support areas include healthcare and child medicine, social projects for the most vulnerable groups, Latvian and European art and culture, support for young talents and education, children and youth sports activities, activities promoting a green and healthy lifestyle, restoration of historical buildings and artifacts, and urban development.

Major projects supported by the fund: Meklējam sirdsmāsu,[19] Kilograms kultūras,[20] Latvijas sakrālais mantojums,[21] Eņģeļi pār Latviju, young music performers competition Ineses Galantes talanti.

[29] On July 6, 2017, the Paris Court of First Instance imposed a fine of 80 million euros on Rietumu Banka in a case against the French company France Offshore for tax evasion.

In spring 2018, the Latvian financial sector experienced significant instability due to accusations by the U.S. Department of the Treasury against ABLV Bank for money laundering.

Latvia's financial market supervisory authorities and legislators made decisions that significantly restricted the collaboration of all banks with non-residents, especially high-risk clients.

In this situation, Rietumu Banka independently decided to change its business model and focus on serving clients in Latvia, as well as other Baltic and OECD countries.

[31][32] Rolf Fuls, one of the top managers of the bank in the previous 20 years, was appointed as the Chairman of the Board of Rietumu Banka.

Ambassador to Latvia, Iowa Senate member, and U.S. Army lieutenant colonel, was appointed to the Council of Rietumu Banka.