Banks, Financial Services, Investments, Latvia
International Internet Magazine. Baltic States news & analytics
Wednesday, 24.04.2024, 18:36
Regionala investiciju banka suffers EUR 1.88 losses in 2014
The bank concluded 2013 with a EUR 1.031 million profit. The bank's ROE in 2014 was negative – minus 4.97% (in 2013 – 2.83%). The bank's ROA in 2014 was minus 0.37% (in 2013 – 0.23%).
At the end of 2014, the bank's assets amounted to EUR 592.857 million. This is 32% more as compared with 2013, when the amount of assets reached EUR 447.742 million.
The bank's liquidity ratio in 2014 was 91.03% (the minimum ratio is 30%).
The balance of the bank's credit portfolio in the fourth quarter of 2014 was EUR 99.39 million, the majority of which – EUR 95.718 million – accounted for credits for legal persons. Credits without delayed payments amounted to EUR 58.813 million, credits with delayed payments over 180 days – EUR 22.797 million, from 90 to 180 days – EUR 10.906 million, from 30 to 90 days – EUR 4.148 million, up to 30 days – EUR 2.728 million.
Being the largest shareholder, the Ukrainian bank Pivdennij owns 57.16% of shares in Regionala investiciju banka.
The bank's CEO is Aleksandrs Kovalskis.