International Internet Magazine. Baltic States news & analytics
Monday, 08.02.2016, 05:59
Loans worth EUR 180.59 million were written off by Latvian banks in 2015, informs LETA, according to information posted on the Financial and Capital Market Commission's website.
Keyword tags: Banks, Financial Services, Latvia, Loan
The Estonian bank of the Norwegian financial services group DNB has posted a net profit of 3.4 million euros for the year 2015 while the group's total net profit was 2.6 billion euros, informs LETA/BNS.
SEB Banka’s operating profit after taxes and provisions in 2015 reached EUR 35 million which is a 51% rise from 2014, the bank said. SEB Bankas in Lithuania said that its full-year net profit fell to 62.1 million euros in 2015, and Estonian units of the Swedish banking group SEB earned a profit of 75 million euros last year, which corresponds to the year-earlier result, informs LETA/BNS.
Latvijas Pasta Banka earned EUR 4.43 million last year, informs LETA, according to the company's unaudited financial statement for 2015.
Norwegian-owned DNB Bankas and its subsidiaries on February 4th reported 19.3 million euros in net profits for the full year 2015, up 17.7% from 16.4 million euros in 2014, informs LETA/BNS.
Starting Tuesday, customers of LHV can carry out international foreign currency payments directly via the online bank and mobile bank of the Estonian bank LHV using the Transferwise service, informs LETA/BNS.
Vol. 3 Financial services through EU’s policies and legislation. The publication is inspired by the active European Commission’s integration plan that was adopted in mid-2014. Although “the plan” was shaped as a political guidance, it has held an overwhelming “agenda for jobs, growth, fairness and democratic change”.