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Thursday, 23.10.2014, 21:32
The Bank of Estonia stated that banks operating in Estonia earned a total of 80 million euros in net profits in the third quarter of 2014, writes Äripäev.ee/LETA.
Keyword tags: Banks, Estonia, Financial Services
In the first nine months of the year, DNB Group in Latvia posted EUR 14.8 million in profit, which is 3.7 times more when compared to the same period last year, cites LETA/Nozare.lv.
SEB Group in Latvia concluded the first three quarters with a net profit in the amount of EUR 23.7 million, SEB banka reports. Over the three quarters of the year 2014 by AB SEB bankas is LTL 216.5 million (EUR 62.7 million) and by AB SEB bankas Group is LTL 219.5 million (EUR 63.6 million) and SEB's Eesti units ended the third quarter of 2014 with a 15.6 million euros profit, writes LETA.
AB DNB Bankas, part of Norway's largest financial services group, earned a pre-tax profit of LTL 42.3 million (EUR 12.26 million) in the first nine months of 2014, up from LTL 36.4 million (EUR10.55 million) in the same period a year ago due to the further growth of business volumes and higher operating efficiency, the bank said in a report today, cites LETA/ELTA.
Nordea bank in Latvia posted EUR 32.8 million in operational losses in the first nine months of 2014, the bank's spokeswoman Signe Lonerte informed the business portal Nozare.lv, cites LETA.
Nordic banking group Nordea on Wednesday reported a 21% increase in third-quarter profit year-on-year, citing higher revenue from fees and commissions, reports LETA/DPA.
Nordea Eesti announced on Wednesday that in the first nine months of the year 2014, it earned a net profit of 30.3 million euros, Äripäev.ee/LETA reports.