International Internet Magazine. Baltic States news & analytics
Saturday, 25.04.2015, 09:32
The total volume of loans and leases to Estonian companies and households was 3% larger in March 2015 than a year earlier; the loan and lease portfolio increased by 43 million euros during the month to 15.3 billion euros, Estonia's central bank Eesti Pank said in its fresh financial sector statistics, cites LETA.
Keyword tags: Estonia, Financial Services, Loan, Markets and Companies, Real Estate
Incomes and savings of Estonian households increased faster in 2014 than their debt liabilities did, Estonian central bank Eesti Pank said in its fresh financial account statistics, informs LETA.
SEB Group operating income in Latvia, after taxes and provisions in the first quarter of 2015, reached EUR 8.7 million, which is 31% more than in the first three months of 2014, SEB banka announced LETA.
SEB's Estonian units ended the first quarter of 2015 with a 20.2 million euro profit, which is by 0.9 million euros less than at the same time last year, LETA/Delfi Ärileht reports.
On Thursday, 23 April 2015, the Board of Directors of the Nordic Investment Bank (NIB) confirmed that the bank will issue a loan of EUR 100 million to Lithuania to finance its Public Sector Energy Efficiency and Housing Renovation programmes. According to the Ministry of Finance, the deal will be inked in the nearest future, reports LETA/ELTA.
According to preliminary data, unaudited net profit earned over the first quarter of the year 2015 by AB SEB Bankas is EUR 18.4 million and by AB SEB Bankas Group is EUR 18.2 million. The result has been calculated in accordance with the requirements set by the acts of the Bank of Lithuania and legal acts of the Republic of Lithuania, writes LETA/ELTA.
The Estonian state-owned export credit foundation KredEx earned a profit of 1.2 million euros in 2014 after a profit of 0.9 mln euros in 2013, LETA/Äripäev.ee reports.