OREANDA-NEWS. On 01 September 2009 was announced, that audited profit of Baltikums Banka after the first six months of the year amounted to LVL 901 thousand and the Bank’s assets made up LVL 99.617 million as of 30 June 2009.

The management report to the financial statements states that, at the end of June, Baltikums Banka issued LVL 26.411 million in loans including loans to households for home purchase worth LVL 14.1 thousand and mortgage loans worth LVL 31.7 thousand. The amount of attracted deposits was LVL 74.875 million by the end of June.

“Such results were possible in 2009, when the world and Latvia have been shaken by an unprecedented crisis and instability, thanks to the Bank’s well-thought-out and precise strategy and its professional team. Despite a decrease in the assets resulting from a drop in the Bank customers’ turnover Baltikums Banka is one of the Latvian 10 banks that continue operating with profit, the number of opened customer accounts keeps growing, efficiency of operations increases, funds are invested in information technologies and expansion of the Bank’s international branches. The Bank sees prospects in acquiring new niches and perfecting the existing ones”, explains the Bank’s management.