We use cookies to make your browsing experience better. Agree and share a cookie with us!
DNB banka’s operating profit before provisions and taxes was at a level of LVL 4 million during the third quarter of 2012 – 54% more than during the same period last year. During the first nine months of 2012 the Group earned a total profit of LVL 5.3 million.
During the first nine months of the year the number of customers of DNB banka increased significantly - more than 1900 companies and more than 12 thousand private persons chose to become the customers of DNB.
Asmund Skar, CEO of DNB banka, says: “We are pleased on the fact that the number of our customers grows continuously, besides recently we received good news - annual survey on banking sector carried out by international survey company “EPSI Rating” shows that DNB is number 1 in banking sector of Latvia both in satisfaction and loyalty scores and both within the corporate and retail segment.
We are really satisfied that our customers have noticed and evaluate highly our continuous efforts to create value for them thus contributing to long-term and mutually beneficial cooperation.”
DNB group’s deposit portfolio at the end of Q3 was LVL 620 million, or 33% more than during the same period last year. The bank is particularly proud of the fact that deposits made by private customers during the first three quarters of 2012 were 47% higher than during the first nine months of 2011. The amount of deposits of large companies in the period increased by 22%.
DNB group’s lending portfolio before provisions in Latvia amounted to LVL 1.513 billion at the end of September. During the first three quarters of 2012, the loans issued to small and medium companies exceeded the amount provided during the second quarter by 73% and financing for large companies in Latvia was at a level of 55% more than during the respective period of 2011. Leasing volumes for DNB exceeded the indicator from the same period last year by 27%.
The mother bank of DNB in Latvia, the largest financial group in Norway, recorded profits of LVL 332 million in the third quarter of 2012, which is 41% more than in the third quarter of 2011.