OREANDA-NEWS. January 22, 2007. According to preliminary data AB DnB NORD Bankas (company code 112029270, VAT payer code LT120292716, registered office at J. Basanaviciaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities) earned an un-audited net profit of LTL 105,22 million (EUR 30,47 mln.) in full year 2007 calculated in accordance to International financial reporting standards, reported the press-centre of AB DnB NORD Bankas.

In full year 2006 AB DnB NORD Bankas earned an audited net profit of LTL 56,22 million (EUR 16,28 million).

The 2007 financial result was achieved due to the Bank‘s rapid business expansion, the loan portfolio growth and its good quality, active performance on investment banking market and further improvement of operating efficiency.