International Internet Magazine. Baltic States news & analytics
Tuesday, 15.10.2024, 18:50
Lithuanian banks' Jan-Sep profits fell by 21.6%
10.12.2020Banks and foreign bank branches in Lithuania saw their combined net profits drop by 21.6% in January-September 2020 to 213.1 million euros, from 271.9 million euros a year ago, informs LETA/BNS.
Keyword tags: Banks, Deposits, Financial Services, Lithuania
Swedbank posted the largest profit among Latvia's banks in 9 months
04.12.2020Five banks in Latvia closed the first nine months of 2020 with losses, with Citadele reporting the biggest nine-month loss, according to the data released by Finance Latvia Association. Swedbank posted the largest profit among Latvia's banks, informs LETA.
Lithuanian banks' profits down to EUR 128 mln in H1
14.09.2020Banks and foreign bank branches in Lithuania saw their combined net profit drop by 28.6% in the first half of 2020 to 127.9 million euros, from 179 million euros a year ago, reports LETA/BNS.
Latvian monetary financial institutions report EUR 72.9 mln in 7-month profit
28.08.2020Latvian monetary financial institutions (mainly banks) earned EUR 72.9 million in aggregate profit in the first seven months of 2020, which is 2.1 times less than in the same period a year ago, the Bank of Latvia reported LETA.
Lithuanian banks' Q1 profits decreased by 28%
24.07.2020Banks in Lithuania saw their combined net profits drop by 25.8 percent in the first quarter of 2020 from a year ago to 65 million euros.
Latvian banks operated with EUR 17.4 mln in profit in Q1
The Latvian banking sector operated with EUR 17.438 million in profit in the first quarter of the year, which is a 4.2 times drop compared to the same period in 2019, writes LETA, according to the information from the Latvian financial regulator, the Finance and Capital Market Commission (FCMC).
Latvian monetary financial institutions report EUR 21.2 mln in 4-month profit
Latvian monetary financial institutions (mainly banks) earned EUR 21.2 million in aggregate profit in the first four months of 2020, which is 4.5 times less than during the same period a year ago, the Bank of Latvia reported for LETA.