Banks, Financial Services, Latvia
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Friday, 26.04.2024, 12:27
Latvian monetary financial institutions earn EUR 141.7 mln in January-April profit
BC, Riga, 31.05.2016.
Print version
Print versionLatvian monetary financial institutions earned EUR 141.7 million in aggregate profit in the first four months of 2016, the Bank of Latvia reported LETA.
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In the first four months of 2016, the monetary financial institutions made EUR 148.9 million in aggregate profit.
As at April 30, 2016, the aggregate assets of the Latvian monetary financial institutions stood at EUR 30.56 billion.
Monetary financial institutions are credit institutions and other financial institutions accepting deposits from customers which are not monetary financial institutions, as well extending loans from own funds and investing in securities.
The Latvian monetary financial institutions earned an aggregate profit of EUR 416.4 million last year, while their aggregate assets were EUR 31.93 billion at the end of 2015.
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