OREANDA-NEWS. February 04, 2013. AS "PrivatBank", which is a member of the Ukrainian banking group, PrivatBank, increased its assets by 52.4% to 540,916 million lats at the end of the last year, reported the press-centre of PrivatBank.

As the press service of the bank informed, the bank’s unaudited year-end profit reached 1.478 million lats. The Bank also doubled its capital to 33.89 million lats, which allowed AS "PrivatBank" to enter the top 10 largest Latvian financial institutions.

In the 12 months of 2012, the number of the bank customers, private individuals, increased by 20%, and the number of credit card holders doubled. Actively expanding the branch network and introducing new deposit programmes, the bank managed to acquire over 2,000 new depositors and increase its deposit portfolio by 32%. Today, 26 branches and settlement groups of AS "PrivatBank" operate in Latvia, and this year the bank plans to increase this number to 30.