OREANDA-NEWS. During the first half year of 2007 Ukio bankas Group net unaudited profit was LTL 45,1 million, 2,7 times higher compared to the same period in 2006 (LTL 16,7 million), reported the press-centre of Ukio bankas Group.

“Our half-year results reflect a very rapid growth of Ukio bankas Group. The quality of service and expanding number of clients prove that we are on the right way. We believe that priorities given to the quality of service will support the further growth of Ukio bankas Group. We expect to maintain similar growth rates during the second half-year as well continuing to demonstrate our professionalism in meeting our clients’ financial needs. We analyze the market and always offer relevant financial solutions to our clients,” says chairwoman of Ukio bankas Board Edita Karpaviciene.

During the first half year of 2007 Ukio bankas Group assets grew by LTL 680 million or 21 percent and on 30 June, 2007 amounted to LTL 3,88 billion. Ukio bankas Group deposit and letter of credit portfolio grew by 28 percent from LTL 2,11 to 2,70 billion during six months of 2007, the net value of lease and loan portfolio of the Group grew by 52 percent up to LTL 1,52 billion.