OREANDA-NEWS. April 24, 2008. The unaudited profit of the biggest shareholder of Latvijas Krajbanka Lithuanian bank AB "Bankas "Snoras"" (Snoras) for the first quarter of 2008 comprised 3,5 million lats (16,93 million lits), which is 23% more than in the corresponding period in 2007, reported the press-centre of Krajbanka Lithuanian bank.

In March 2008 the Bank's asset value reached 1,2 milliard lats (5,8 milliard lits), which is 26,6% more than in April 1st 2007.

In the first quarter of 2008 the return on "Snoras" payment cards exceeded 224,4 million lats (1,1 milliard lits), which is 27,8% more than in the same period last year.

As of 1st April 2008 "Snoras" provided its services to the total of 1,018 million clients.

Last year the Bank's profit increased by 38,3%.

The Bank "Snoras" holds the control stock of "Latvijas Krajbankas".