To continue financing of business projects in Latvia, Rietumu Banka granted a loan to SIA Mart 11 – Latvian subsidiary of Estonian fund managed by Nuve Partners that invests into grocery-anchored retail properties.
As a general sponsor, Rietumu Banka supports and will participate in the 7th International Economic Forum, organized by the Latvian Academy of Sciences, taking place from March 7th to 9th at the Latvian Academy of Sciences in Riga.
Rietumu Banka granted a loan of 4.35 million euros to KSIA UNICO, supporting the construction of the third phase of the "Deglava Gleznotāju Residences." This is the second loan issued by the bank for the multi-apartment complex project. The previous loan amounting to 8.2 million euros was used for the construction of the project’s second phase.
Rietumu Banka provided long-term financing for refinancing, modernization and further development of the iconic multifunctional commercial building in the centre of Riga.
Rietumu Banka has granted a loan of 3.6 million euros to Ulbrokas Business Park, the developer of the modern and sustainable business centre “Versum” located on Ulbrokas Street in Riga.
Rietumu Banka has allocated financing of 4 million to SIA "SP Auce" and SIA "Mežgalis" – Latvian subsidiaries of the company "Volterra Energy Group" for the refinancing of the two currently largest solar power parks in Latvia, which are already successfully operating in Auce and Valdemārpils.