Banks, Estonia, Financial Services, Loan

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 18:16

Krediidipank group earns 459,000 euros in H1

BC, Tallinn, 18.08.2014.Print version
The Estonian Krediidipank banking concern announced that it earned 459,000 euros of profit in the first half of the year 2014, LETA/Delfi Ärileht reports.

The biggest contribution to the profit was given by the group's real estate arm AS Martinoza and Krediidipanga Liisingu AS. The share of the Krediidipank banking arm in the group's profit was 141,000 euros in the first half of the year.

 

The asset volume of Krediidipank at the end of June was nearly 239,000 euros, a fall of 7.8% since the start of the year, mainly because of fall of demand deposits of corporate clients. Deposits of private clients grew by 14.9% and term deposits 17.2% since the start of the year.

 

Krediidipank' loan portfolio has increased 4.7% since the start of the year and 11.1% in 12 months.






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