Saturday , June 19 2021

This year, five Latvian banks are making losses



Citadele incurred LTL 24.451 million in that period. EUR 4.041 million for the Industra bank. PrivatBank – EUR 3.698 million. Baltic International Bank – EUR 1.179 million. EUR 0.979 million for Expobank. loss of EUR.

The most profitable profit of Latvian banks is Swedbank – its profit in the first nine months of this year amounted to LTL 59.913 million. but it was 28.1%. more modest than a year ago.

SEB’s profit fell by 25.1 percent. up to EUR 28.285 million, Rietumu Bank – 12.1%. up to EUR 18.108 million.

Bank Rigensis increased profit by 52.4%. to EUR 6.352 million, LPB – decreased by 4.3 percent. up to EUR 4.734 million.

Signet’s profit increased by 14.2 percent. up to 618.8 thous. Regionala Investiciju banka fell by 48.4%. BlueOrange decreased by 34.9% to 1.96 million. up to EUR 2,991 million.

The Association has no data on the profits of Luminor and OP Corporate branches in the period January-September.

It was announced that in three-quarters the profit of Latvian banks decreased by 45.8%. up to 107,495 million euros.

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