Number of Ukio Bankas Customers Grew more than 6%
OREANDA-NEWS. May 10, 2011. Ukio bankas Group assets increased by 1 percent and amounted to LTL 4.79 billion at 31 March 2011. Within this period, a number of Ukio bankas customers increased as well: 31 March 2011 it exceeded 167 thousand – it is over than 6 percent more than a year ago. A number of corporate customers during this period increased more than 7 percent, reported the press-centre of Ukio bankas.
„We feel the strengthening positive influence of recovering economy to the activity of Ukio bankas Group, so we expect further growth of the main income this year. During the first quarter of this year, regular improving tendencies of the main income, especially net interest income, continued. Ukio bankas Group activity results before special provisions kept on improving and negative result of the previous quarters was replaced by almost nil. Since the state of debtors improves, demand for special provisions is lower than before”, - said Gintaras Ugianskis, Chairman of Ukio bankas Board.
According to unaudited data, Ukio bankas Group has incurred net loss of LTL 3.6 million during first quarter of 2011. Unconsolidated unaudited loss of Ukio bankas first quarter 2011 amounted to LTL 6.0 million. Ukio bankas group clients deposits increased by 8 percent during a year and reached LTL 3.93 billion and loan and leasing portfolio decreased by 1 percent in net value and amounted to LTL 2.46 billion.
Ukio bankas Group, except Ukio bankas consists of its subsidiaries UAB Ukio banko lizingas, Ukio banko investiciju valdymas, UAB Ukio banko rizikos kapitalo valdymas, Investicinio turto valdymas, Bonum publicum, Turto valdymo paslaugos, Trade Project, Eastern Europe Development Fund. UAB Ukio banko rizikos kapitalo valdymas owns 100 percent Ukio bank lizing shares.
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