# Regionala investiciju banka > legal entity in Latvia **Wikidata**: [Q104429630](https://www.wikidata.org/wiki/Q104429630) **Source**: https://4ort.xyz/entity/regionala-investiciju-banka ## Summary Regionala investiciju banka is a legal entity in Latvia, specifically an akciju sabiedrība (joint-stock company) that operates as a bank, providing financial services with its headquarters in Riga. It was established on September 28, 2001, and is classified as a bank within the industry of other monetary intermediation. ## Key Facts - **Legal Status**: Legal entity in Latvia, identified by the Latvian unified registration number 40003563375 and legal entity identifier 549300OMTXWX1144LP69. - **Establishment**: Inception date is September 28, 2001. - **Legal Form**: Operates as an akciju sabiedrība (joint-stock company). - **Headquarters**: Located in Riga, Latvia, with street address Jura Alunāna iela 2, postal code 1010. - **Employees**: Had 126 employees in 2022 and 137 employees in 2023 (preferred figure). - **Financial Performance**: Reported net profit of 225,220 euros in 2022 and 9,144,360 euros in 2023 (preferred figure); total assets were 393,934,016 euros in 2022 and 468,449,761 euros in 2023 (preferred figure). - **Industry Classification**: Operates in the industry of other monetary intermediation. - **Identifiers**: Uses the OpenCorporates ID lv/40003563375 and is represented by the Wikidata item Q16361579. - **Geographic Coordinates**: Located at latitude 56.956058 and longitude 24.109602. ## FAQs **What is the primary function of Regionala investiciju banka?** Regionala investiciju banka operates as a financial institution that accepts deposits and provides monetary intermediation services, functioning as a bank within Latvia's financial system. **How many employees does the bank have?** The bank had 126 employees as of 2022 and 137 employees as of 2023. **What is the bank's total asset value?** Regionala investiciju banka reported total assets of 393,934,016 euros in 2022 and 468,449,761 euros in 2023. **When was the bank established?** The bank was established on September 28, 2001. **What is the bank's official address?** The bank's headquarters is located at Jura Alunāna iela 2, Rīga, LV-1010. ## Why It Matters Regionala investiciju banka plays a crucial role in Latvia's financial system by providing essential banking services that facilitate economic activity. As a monetary intermediary, it accepts deposits from the public and uses these funds to provide loans and other financial services, supporting both personal and commercial growth. The bank's operations contribute to the stability and development of regional economies by enabling safe capital storage, facilitating transactions, and providing credit necessary for investment and expansion. Its presence in Riga, the capital city, positions it as a key player in the national financial infrastructure. ## Notable For - **Establishment Timeline**: Was founded on September 28, 2001, and has been operating as a legal entity in Latvia since that date. - **Financial Growth**: Demonstrated significant growth in assets and profitability, with total assets increasing from 393.9 million euros in 2022 to 468.4 million euros in 2023, and net profit rising from 225,220 euros to 9.1 million euros during the same period. - **Employee Scale**: Maintained a workforce of 126 employees in 2022 and expanded to 137 employees in 2023, indicating organizational growth. - **Legal Structure**: Operates as an akciju sabiedrība (joint-stock company), a common legal form for banks in Latvia. - **Geographic Focus**: Concentrates its operations in Riga, Latvia's capital city, with its headquarters at Jura Alunāna iela 2. ## Body ### General Information Regionala investiciju banka is a legal entity operating as a bank in Latvia. The entity is identified by the Latvian unified registration number 40003563375 and the legal entity identifier 549300OMTXWX1144LP69. It was established on September 28, 2001, and functions as an akciju sabiedrība (joint-stock company). The bank's headquarters is located at Jura Alunāna iela 2, Rīga, LV-1010, with geographic coordinates at latitude 56.956058 and longitude 24.109602. The postal code for the location is 1010. ### Financial Performance The bank's financial performance shows consistent growth over the years. In 2022, the bank reported total assets of 393,934,016 euros and a net profit of 225,220 euros. By 2023, these figures had increased significantly, with total assets reaching 468,449,761 euros and net profit rising to 9,144,360 euros. The bank employed 126 individuals in 2022 and expanded its workforce to 137 employees in 2023, indicating organizational growth and increased capacity to serve clients. ### Industry Classification Regionala investiciju banka operates within the industry of "other monetary intermediation." This classification places it among financial institutions that facilitate monetary transactions and provide banking services, distinguishing it from specialized financial entities. ### Legal and Organizational Structure As an akciju sabiedrība, the bank is structured as a joint-stock company, which is a common legal form for banks in Latvia. This structure allows for corporate governance and shareholder participation in the bank's operations. The bank uses the OpenCorporates ID lv/40003563375 for identification purposes and is represented by the Wikidata item Q16361579. ### Geographic and Operational Details The bank's operations are centered in Riga, Latvia's capital city. The specific address is Jura Alunāna iela 2, Rīga, LV-1010. The bank's presence in the capital city positions it as a significant financial institution within the national economy. ### References and Identifiers The bank's information is documented through various reference sources, including the OpenCorporates database and the Latvian government's business registry. These sources provide verification of the bank's legal status, financial performance, and operational details. ## References 1. [Global Legal Entity Identifier Foundation](https://search.gleif.org/#/search/fulltextFilterId=LEIREC_FULLTEXT&simpleFilters%5Bentity.addresses.country%5D=LV) 2. [Source](https://info.ur.gov.lv/#/legal-entity/40003563375) 3. Register of Enterprises of the Republic of Latvia