Banks, Financial Services, Latvia
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Wednesday, 02.07.2025, 06:08
Banking sector's seve7n-month profit made LVL 92.9 mln
BC, Riga, 28.08.2013.
Print version
Print versionThe banking sector's profit amounted to LVL 92.9 million in the first seven months of the year, which is by 3.3% more when compared to the same period last year, when the banking sector posted LVL 90 million in profit, reports LETA, referring to the Financial and Capital Market Commission's data.
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15 Latvian banks and five foreign banks' branches in Latvia operated with profit in January-July. Their total share of the banking sector's assets in Latvia is 93.6%.
The liquidity ratio stood at 65.7% at the end of July, compared to 64.9% at the end of the previous month. The capital adequacy ratio was 18.6% at the end of July.
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