OREANDA-NEWS. July 10, 2008. During the 1st half of 2008 Ukio bankas earned LTL 50,6 million in non-audited net profit, which is 1,6 percent more compared to the same period of 2007 (LTL 49,8 million), reported the press-centre of Ukio bankas.

“The first half-year result shows that we can seek the set ambitious annual targets. Next half-year we will actively work in developing the existing and creating new banking services by paying still greater attention to client service quality and expanding the network of our territorial sub-divisions all over Lithuania,” Edita Karpaviciene, chairwoman of Ukio bankas Board, said.

During the 1st half-year of 2008 Ukio bankas assets grew by LTL 205 million or 5 percent and at the end of the period amounted to LTL 4,22 billion.

During six months of 2008, the Bank’s portfolio of LCs and deposits increased 7 percent, i. e. from LTL 2,73 to 2,94 billion, during six months of the year the Bank’s loan portfolio in the net value rose 13 percent from LTL 2,36 billion to LTL 2,68 billion. During the first six months of 2008, the number of the Bank’s active clients jumped by 10,900 showing a 9 percent increase.