Rietumu Banka Makes Eur 33.6 Million in Unaudited 2018 Profit

RIGA, Feb 28 (LETA) - Latvia's Rietumu Banka closed 2018 with a profit of EUR 33.66 million, according to an unaudited report released by the bank.

The bank's earnings remained practically unchanged from 2017 when it posted EUR 33.03 million in profit.

At at December 31, 2018, Rietumu Banka's assets were worth EUR 1.5 billion, deposits totaled EUR 1 billion and capital and reserves stood at EUR 470 million.

The bank's return on assets (ROA) was 1.7 and return on...

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