Banks, Financial Services, Latvia
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Tuesday, 09.06.2026, 13:20
PrivatBank posts LVL 3.509 mln in first half losses
Nina Kolyako, BC, Riga, 01.09.2010.
Print version
Print versionIn the first half of the year 2010, joint-stock banking company PrivatBank posted LVL 3.509 million in losses, according to an announcement by the Riga Stock Exchange. The PrivatBank concern posted LVL 3.939 million in losses in the first six months of the year.
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Last year, the bank posted LVL 4.464 million in first half losses, whilst the concern posted LVL 5.789 million in losses, informs LETA.
The bank's loan portfolio has increased to LVL 120 million, whilst deposits at the bank has reached LVL 186 million, which is 38% more when compared to the first six months of 2009.
The bank's assets amounted to LVL 238 million, which is 42% than last year.
As reported, the PrivatBank concern posted LVL 22.458 million in net losses last year.
In 2008, the bank posted LVL 30,000.
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