Five Latvian banks are loss-making this year



Citadele raised LTL 24,451 million during this period. 4,041 million euros for Industra bank. PrivatBank – EUR 3,698 million. Baltic International Bank – EUR 1,179 million. 0.979 million euros for Expobank. loss of EUR.

Swedbank remains the most profitable profit of Latvian banks – the profit in the first nine months of this year was LTL 59,913 million. but was 28.1%. more modest than a year ago.

SEB’s earnings fell 25.1 percent. up to EUR 28.285 million, Rietumu banka – 12.1%. up to EUR 18.108 million.

Rigensis bank increased its profit by 52.4%. to EUR 6,352 million, LPB – reduced by 4.3 percent. up to 4,734 million euros.

Signet Bank’s profit grew 14.2 percent. up to 618.8 thousand. Regionala Investiciju banka fell 48.4%. to 1.96 million BlueOrange decreased by 34.9%. up to EUR 2,991 million.

The association has no earnings data for January-September for Luminor and OP Corporate bank branches.

It is announced that the three-quarter profit of the Latvian banks has fallen by 45.8%. up to EUR 107,495 million.

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