Banks, Financial Services, Lithuania

Unaudited net profit earned over the first half-year of the year 2014 by AB SEB Bankas is LTL 148.4 million (EUR 43.0 million) and by AB SEB Bankas Group is LTL 148.5 million (EUR 43.0 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.

As of 30 June 2014, AB SEB Bankas Group's equity was LTL 2.6 billion (EUR 753 million), i.e. increased by 6% year-on-year. Assets were LTL 23.7 billion (EUR 6.9 billion), i.e. increased by 4% year-on-year.

Since 30 June 2014, AB SEB Bankas' deposit portfolio went up by 8%, i.e. from LTL 12.2 billion (EUR 3.5 billion) to LTL 13.3 billion (EUR 3.8 billion) as of 30 June 2014.

As of 30 June 2014, net value of AB SEB Bankas Group's loans and leasing portfolio was LTL 16.6 billion (EUR 4.8 billion), i.e. decreased by 2% year-on-year.

Over the first half 2014, the amount of new loans issued by AB SEB Bankas increased up to LTL 2.7 billion (EUR 782m illion) as compared to the amount of new loans issued over first half of the year 2013, i.e. increased by 3%.

In the fir half of 2014 income of AB SEB Bankas Group was LTL 294 million (EUR 85 million), i.e. increased by 6% year-on-year.

At the close of June 2014, AB SEB Bankas Group liquidity ratio was 38.9% (requirement being 30%).