International Internet Magazine. Baltic States news & analytics
Friday, 25.07.2014, 18:57
"Danske Bank" concluded the first half of 2014 in Latvia with a net loss in the amount of EUR 6.389 million, informs LETA.
Keyword tags: Analytics, Banks, EU – Baltic States, Financial Services, Latvia
"Baltikums Bank" earned EUR 14.8 million in the first half of 2014, while the bank's net profit reached EUR 6.35 million, according to the bank's unaudited financial data, informs LETA.
In the middle of 2014 Siauliu Bankas and the Bank Group have been further improving the key performance indicators and maintaining the stable growth. The unaudited net profit of Siauliu Bankas' Group reached LTL 22.4 million (EUR 6.5 million) over the first half-year which is by 3.4 times more than over the respective period in 2013 when it earned LTL 6.5 million (EUR 1.9 million), said the bank in a statement, informs ELTA/LETA.
Increasingly more people choose to shop online - Swedbank statistics indicate that during the first five months of 2014, the amount of online purchases by Swedbank clients increased by 25 percent as compared to the respective period of 2013, reports LETA.
During the first six months of 2014, 331,000 counterfeit euro bills were withdrawn from circulation, the European Central Bank indicates, cites LETA.
Commercial banks in Lithuania, on Thursday, signed a Memorandum of Understanding on Good Practice during the Preparation for the Adoption of the Euro with the Bank of Lithuania, reports LETA/ELTA.
Among the three Baltic States, Latvia has the lowest number of payment cards per resident, reports LETA, referring to data provided by Association of Latvian Commercial Banks.