NORVIK BANKA Ended 2010 with Profit
OREANDA-NEWS. April 05, 2011. Auditors’ company Deloitte Audits Latvia has approved consolidated financial statement of JSC „NORVIK BANKA” and its subsidiaries (NORVIK Group) for the year 2010, reported the press-centre of NORVIK BANKA.
“The year 2010 became a strength test for the whole Latvia’s economy and society. It made the Bank to reassess its priorities, mainly focusing on NORVIK BANKA’s stability and provision of financial services that are suitable customers’ possibilities,” about the past year says Laima Saltuma, Chairwoman of the Board of NORVIK BANKA.
Also in 2010 NORVIK BANKA worked successfully and ended the year with a profit of LVL 264 thousands. Total assets of the Bank increased for 26% reaching LVL 587 millions by the end of 2010.
As before, in year 2010 intense focus was placed on customers’ deposit attraction and at the year end the deposit amount reached LVL 509 millions. The total number of the Bank’s customers increased substantially and reached the highest than ever number of 137.2 thousands.
It was another successful year for the NORVIK BANKA’s subsidiaries „NORVIK Ieguldijumu parvaldes sabiedriba” in Latvia and “Norvik UCO” in Armenia. Both companies ended the year with a profit and kept on strengthening their market positions.
In the General Shareholders’ meeting the decision was made to use profit gained in 2010 for the further development of the Bank.
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