What Does Rietumu Banka Do?

Total employees353
HeadquartersRiga
Founded1992

Rietumu Banka is one of the largest private banks in Latvia, specializing in corporate banking and serving affluent individuals. Headquartered in Riga, it focuses on international clients, particularly from the EU, Eastern Europe, and other global markets. The bank offers a comprehensive suite of financial services, including current accounts, international payments, lending, trade finance, wealth management, investment services, and e-commerce solutions. Rietumu Banka is known for its personalized approach and expertise in cross-border financial operations.

Where Is Rietumu Banka's Headquarters?

HQ Function

Serves as the central administrative and operational hub for the bank, overseeing all core banking activities, strategic planning, international operations, risk management, and customer service for its global clientele.

Notable Features:

Rietumu Capital Centre is a modern, A-class office complex, recognized as one of the most contemporary business centers in Riga. It is known for its distinctive architecture, advanced technological infrastructure, and comprehensive facilities.

Work Culture:

The work culture at Rietumu Banka's headquarters is characterized by professionalism, a dynamic international environment, and a strong focus on client service and financial expertise. Given its international client base, multilingualism and cross-cultural competence are valued. Emphasis is placed on compliance, innovation, and collaborative teamwork within a structured banking framework.

HQ Significance:

The headquarters is highly significant as it embodies Rietumu Banka's prominent position in the Latvian and Baltic financial landscape. It serves as the nerve center for its international operations and stands as a symbol of its modern banking philosophy, stability, and commitment to serving a global clientele.

Values Reflected in HQ: The headquarters' modern design, technological sophistication, and prime location reflect Rietumu Banka's core values of innovation, security, professionalism, transparency, and a client-centric approach in the competitive international financial services market.

Location:

Rietumu Banka serves an international clientele, with a strong focus on businesses and private individuals from the European Union, Eastern Europe, and other global markets. Its global reach is facilitated by its Riga headquarters, experienced multilingual staff, advanced remote banking technologies, and an extensive network of correspondent banks worldwide. The bank specializes in cross-border transactions, international trade finance, e-commerce solutions, and wealth management for its diverse international customers.

Street Address:

7 Vesetas Street

City:

Riga

State/Province:

Riga

Country:

Latvia

Where Else Does Rietumu Banka Operate Around the World?

Various International Financial Centers (Representative Basis)

Address: N/A (Specific locations for representative points vary and are typically not publicly listed as full branches)

To maintain a point of contact and support client needs in key international markets, focusing on regions with significant business or private wealth activity relevant to the bank's specialized clientele. This is part of a personalized service model managed primarily from its Riga headquarters.

Buying Intent Signals for Rietumu Banka

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Rietumu Banka? Meet the Executive Team

As of April 2025, Rietumu Banka' leadership includes:

Elena Buraya - Chairperson of the Board
Rolf Fuls - Member of the Board
Ilya Shenguer - Member of the Board
Sergejs Zajacs - Member of the Board
Ruslan Stecyuk - Deputy Chairman of the Board, Senior Vice-president

Who's Investing in Rietumu Banka?

Rietumu Banka has been backed by several prominent investors over the years, including:

BOS LEO LOGISTICS LTD (33.12%)
Leonid Esterkin (33.11%)
Arkady Suharenko (17.34%)

What Leadership Changes Has Rietumu Banka Seen Recently?

Hire0
Exits0

No major publicly announced executive hires or exits at Rietumu Banka have been identified in the media over the last 12 months. Leadership changes, if any, may have been internal or not widely reported, which is common for privately-held financial institutions.

What Technology (Tech Stack) Is Used byRietumu Banka?

Discover the tools Rietumu Banka uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Rietumu Banka Email Formats and Examples

Rietumu Banka likely utilizes standard corporate email formats, typically combining elements of an employee's name with the company's domain (rietumu.lv or rietumu.com). While specific internal patterns are not publicly detailed, common formats in the region include the first initial followed by the last name, or firstname.lastname.

f.lastname@rietumu.lv

Format

e.buraya@rietumu.lv

Example

75%

Success rate

What's the Latest News About Rietumu Banka?

The Baltic Times / LETA • March 20, 2024

Rietumu Banka posts EUR 24.2 mln profit in 2023

Latvian private bank Rietumu Banka reported a profit of EUR 24.2 million for the year 2023, a significant increase compared to the EUR 1.38 million profit in 2022. The bank's assets also grew to EUR 1.58 billion, reflecting a stable performance in its core business areas of servicing corporate clients and high-net-worth individuals....more

Fitch Ratings • February 26, 2024

Fitch Affirms Rietumu Banka at 'BB-'; Outlook Stable

Fitch Ratings has affirmed Latvia-based AS Rietumu Banka's Long-Term Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook. The affirmation reflects the bank's niche franchise in servicing non-resident corporates and high-net-worth individuals, sound asset quality, and adequate capitalization, balanced by its wholesale funding reliance and business model concentration....more

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