OREANDA-NEWS. On September 05, 2007 according to the financial statements, in the first six month of the current year AS DnB NORD Banka has reinforced its position on Latvian financial market, reported the press-centre of AS DnB NORD Banka.

Net profit of DnB NORD Banka during the accounting period amounted to LVL 10,26 million, which is by 84% more as compared with the profit ratio of the respective last-year period (5,58 million lats).

Assets of DnB NORD Banka during the first six months of the current year have grown by 24,7% and convincingly approach the mark of two billion, as in H1 this ration amounted to LVL 1,78 billion.

The Bank's loan portfolio has reached LVL 1,52 billion, which is by 24,4% more than as at the beginning of the year.

In H1 2007 successful and dynamic development experienced also the subsidiary of AS DnB NORD Banka, SIA DnB NORD Lizings that not only has claimed a stable place among top three Latvian leasing companies, but also steadily extends its market share and goes over the planned outturn. Assets of pension plans under management of asset management company  DnB NORD Fondi have exceeded LVL 7 million, and right now already 35 thousand of Latvian residents as their second-pillar pension manager have chosen DnB NORD Fondi.