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Bigbank's profit grew by 90% in Q2
BC, Tallinn, 05.09.2013.
Print version
Print versionThe profit of the Estonian consumer loans issuer Bigbank grew in the second quarter of the year 2013 by 90.8% to 2.4 million euros, LETA/Äripäev.ee reports.
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Bigbank's loan portfolio grew by 2.3% to 256 million euros.
The bank said that the growth of the loan portfolio was the fastest in its Lithuanian branch office. By the end of the second quarter, Bigbank had 172,000 loan contracts, including 40,000 in Estonia, 71,000 in Latvia, 31,000 in Lithuania, 18,000 in Finland, 7,000 in Spain and 5,000 in Sweden.
In June the bank started including deposits in Sweden and now accepts deposits in Estonia, Germany, Austria, Holland, Finland, Sweden and Latvia.
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