OREANDA-NEWS. November 13, 2008. During nine months of 2008, Ukio bankas Group earned LTL 83.8 million in unaudited net profit showing a 36 percent increase against the same period of 2007 (LTL 61.5 million), reported the press-centre of Ukio bankas.

“We are happy with good financial results of Ukio bankas Group. Growth of the Group’s profit was influenced by the sales of subsidiaries that managed a real estate project in Moscow.

But even if not considering the influence of this transaction, Ukio bankas Group profit from the continuing operations grew 15 percent during nine months of 2008 compared to the same period of the last year and amounted to LTL 68.9 million,” said Edita Karpaviciene, Ukio bankas Board chairwoman.

Ukio bankas holds a 100 percent interest in companies Ukio banko lizingas, Ukio banko investiciju valdymas, Ukio banko rizikos kapitalo valdymas, and Bonum Publicum. UAB Ukio banko lizingas holds 100 percent of shares in RAB Ukio bank lizing.