Banks, Financial Services, Good for Business, Latvia

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 15:29

Latvias banking sector's profit at EUR 176.8 million in H1

BC, Riga, 28.07.2014.Print version
The banking sector's total profit in the first six months this year amounted to EUR 176.8 million, according to the Financial and Capital Market Commission's data, reports LETA.

16 Latvian banks and four foreign banks' branches in Latvia were profitable in the first half of the year. Their total share of the Latvian banking sector's assets is 86.6 percent.


In the first half of 2013, banks in Latvia earned a total of EUR 110.6 million in profit.






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