Rietumu Banka
Rietumu Banka is a Latvian commercial bank based in Riga that primarily serves corporate clients and high-net-worth individuals. The institution provides a range of financial services including investment banking, wealth management, and trade finance.
Brand Identity Data
HQ Country
Latvia
HQ City
Riga
Founded
1992
EU Headquartered
Yes
EU Manufactured
Yes
Ownership Type
private
Stock Exchange
Private
Tax Domicile
LV
Ultimate Parent
Boswell (Overseas) Consulting Limited
Data Hosting
LV
CLOUD Act Exposure
No ✓
AI Trains on User Data
false
GDPR Status
compliant
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
None verified
Verified on October 15, 2026
Corporate Lineage
1992
Bank establishment
Rietumu Banka was founded in Riga, Latvia, as a private commercial bank.
2017
French regulatory fine
The bank was fined 80 million euros (later reduced on appeal) by French authorities regarding money laundering allegations.
2021
FCMC fine
The Financial and Capital Market Commission imposed a fine of 1.56 million euros for AML/CFT control deficiencies.