Banks, Financial Services, Good for Business, Latvia
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Friday, 19.04.2024, 12:37
Regionala Investiciju Banka posts EUR 2.75 mln in nine-month profit
The group’s profit declined by 50% and was EUR 2.673 mln.
The bank's assets totaled EUR 304.451 mln at the end of
September this year, which was a decline by 17.1% or EUR 62.96 mln from EUR
367.411 mln at the end of 2017.
The loan portfolio was worth EUR 118.472 mln at the end of
September this year, of which loans worth EUR 50.444 mln were overdue. Special
provisions created by the bank stood at EUR 25.424 mln at the end of September.
Capital and reserves of Regionala
Investiciju Banka amounted to EUR 36.25 mln as on September 30, 2018, down
by 7.8% from late 2017. The bank’s liquidity ratio was 73.8%.
In the first nine months of 2017, the bank reported a profit
of EUR 5.452 mln.
At the end of June 2018, Regionala
Investiciju Banka was the 10th biggest bank in Latvia by assets. Its key
indirect shareholder is Yuriy Rodin from
Ukraine.