According to a decree signed by chairman of the Central Bank of Armenia (CBA) Arthur Javadyan, a representation of Rietumu Banka joint-stock company was registered in the republic.

Rietumu Banka - JSC Rietumu Banka (Rietumu, Rietumu Bank) is a Latvian commercial bank that was established in 1992. It is one of the largest private banks in the Baltic States, specializing in corporate banking and affluent individuals. It is headquartered in Riga.

The Bank is well represented in the global market, providing a full range of financial services to customers all over Europe, the Baltic States, Russia, Ukraine, Belarus, and other regions. Apart from traditional banking services, such as crediting, financing trade operations, deposits and international payments, Rietumu Bank provides consulting services (including tax consultations), brokerage services, asset management, consulting, and assistance in obtaining a residence permit in Latvia, as well as offering deluxe credit cards.