Banks, Deposits, Financial Services, Latvia, Post Office
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Friday, 23.05.2025, 06:59
Latvijas Pasta Banka's profit at EUR 5.749 mln in 9 months
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The bank's
assets as at September 30 amounted to EUR 223.737 million, an increase of 9.3%
or EUR 18.993 million on end-2016.
Deposits at the bank stood at EUR 181.662 at the end
of September, an increase of 7.9% from the end of 2016.
Latvijas Pasta Banka's capital adequacy level was 19.87% at the end of September, while the
liquidity ratio was 97.73%.
In the first nine months of 2016, Latvijas Pasta Banka operated with a profit of EUR 9.68 million.
Latvijas Pasta Banka belongs to Mono, a company that is owned by Mihails Ulmans (49.43% of shares), Aleksandrs
Plotkins (32.67%) and Kajems Biomins (17.9%),
according to Firmas.lv data.
In terms of assets, Latvijas Pasta Banka was the 18th
largest bank in Latvia as of June 2017.
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