OREANDA-NEWS. March 11, 2013. TKB council and shareholders' meetings approved the bank's 2012 performance results and its development plans.

According to the audited annual report, approved at the shareholders’ meeting, Trasta komercbanka closed 2012 with a profit of 2,3 million lats. The bank's capital increased to 37.1 million lats, and subordinated capital - to 9,1 million lats. Last year, the volume of Bank’s assets amounted to 302,0 million lats, which is by 5,1 million more compared to the final figure of 2011.

The volume of attracted deposits increased last year by 1,3 million to 248.5 million lats and the bank's customer base grew by 12%. At the end of 2012, the Bank's capital adequacy and liquidity ratios were accordingly 16.22% and 78.44%. It should be noted that in December, 2012, the Bank redeemed the mortgage bonds issued in 2007 in the amount of 3,5 million lats.

In 2012, the Bank continued to maintain the high standards of customer service and quality of payments. Last year, the Bank was appreciated again by the correspondent banks - Germany's biggest bank Deutsche Bank and Commerzbank, and the Bank received yet another award for the excellent quality of its payments.

Following the global development tendencies, the Bank’s technologies were upgraded in order to provide customers with convenient service and increased safety in the funds management. Last year, the Bank offered its customers a new electronic trading platform Trader TKB, enabling customers to do business around the clock in the global currency and stock markets. With a direct connection from a personal computer or mobile phone our customers are now able to enter into business transactions with a single click, to monitor their investment portfolios in real time, and to use the extensive market analysis and trade ideas generation options.

In 2013, the Bank intends to continue supporting of customers in their business development and to extend its wealth management offers, including investment services and trust management services. The Bank will offer its customers new alternative investment products and new payment cards with a wide range of exclusive privileges.

Trasta komercbanka is the oldest private bank in Latvia, having been successfully operating in the financial market of Latvia since 1989. TKB actively participates in the international markets by providing capital management and trade finance services. Along with its branches in Latvia, Trasta komercbanka has also a branch in Cyprus. Besides, the Bank’s group is represented in Russia, Ukraine, Belarus, Kazakhstan, Tajikistan, Azerbaijan and China (Hong Kong).