OREANDA-NEWS. November 29, 2012. Key financial indicators of Baltikums Bank as of 31 October 2012:

Net profit reached LVL 6.08 million (EUR 8.7 million), a year-on-year increase 4.8 times;

Gross revenue constituted LVL 16.9 million (EUR 24.1 million), or 61% higher than for the same period of 2011;

The Bank’s assets, including assets under management, as of the reporting date have increased by 46% to reach LVL 409.7 million (EUR 583 million), including a 18% increase in the amount of assets under management in the past ten months (by LVL 12.2 million, or EUR 17.3 million);

Deposits totalled LVL 286.7 million (EUR 407.9 million), a 54% increase since the beginning of the year;

The volume of the Bank’s credit portfolio at the end of the period constituted LVL 32.3 million (EUR 46 million);

The Bank’s capital adequacy ratio as of 31 October 2012 was 15.5%, whereas its liquidity ratio was 73%;

ROA at the end of October was 2.69%, with a ROE of 28.9%;

The capital and reserves of Baltikums Bank grew in the past ten months to LVL 28.3 million (EUR 40.3 million), with a 27% increase from 31 December 2011.