Daily magazine about Latvia www.latviannews.lv
Knowledge can be communicated, but not wisdom.
Hermann Hesse
www.freecity.lv
Russian version

"Swedbank", "SEB banka" and "Nordea" the biggest lenders in 2012

 RIGA, March 5 - "Swedbank", "SEB banka", "Nordea" Latvia branch and "DNB banka" were the largest lenders in Latvia last year, according to the Association of Latvian Commercial Banks' data.

"Swedbank" issued a total of LVL 2.655 billion in loans by the end of 2012 which, however, is 4.2 percent less than at the end of 2011.

"SEB banka" issued LVL 1.969 billion in loans by the end of 2012 - 0.5 percent increase on end-2011.

"Nordea" Latvia branch issued loans worth LVL 1.895 billion by end-2012, 0.9 percent down from the end of 2011.

"DNB banka" issued LVL 1.414 billion in loans by the end of December last year, 3.8 percent decrease year-on-year.

"Rietumu banka" issued LVL 782.26 million in loans by end-2012, which is 21.5 percent more than at the end of 2011.

"Citadele" issued LVL 684.999 million in loans - 0.6 percent more than at the end of 2011.

"ABLV Bank" loan portfolio was LVL 549.108 million at the end of last year, "UniCredit Bank" - LVL 458.785 million, Latvian Mortgage and Land Bank - LVL 307.483 million, Norvik banka" - LVL 249.233 million.

The loan portfolios of other banks for which data are available were under LVL 200 million at the end of 2012.

"Swedbank", "ABLV Bank", "Rietumu banka", "SEB banka" and "Citadele" attracted the largest amounts of deposits by the end of 2012, the Association of Latvian Commercial Banks informs.

A total of LVL 2.194 billion was deposited in "Swedbank" by the end of last year, "ABLV Bank" had LVL 1.86 billion, "Rietumu banka" - LVL 1.42 billion, "SEB banka" - LVL 1.24 billion, and "Citadele" - LVL 1.159 billion.

Deposit amounts at the other banks were under LVL 1 billion at the end of last year.

"Nordea" Latvia branch had attracted LVL 809.75 million in deposits by the end of 2012, "DNB banka" - LVL 647.656 million, "Norvik banka" - LVL 466.815 million, "PrivatBank" - LVL 466.062 million, and "Regionala investiciju banka" - LVL 307.055 million.

leta.lv
05-03-2013
Share:
Comments
Before the comment please read the rules of use our webpage.. Thank you.
Comment