Wed, 16 Mar 2011: Credit outlook improves for Latvia…
Mar 16, 2011 Latvia
“The current account has moved into surplus over the last two years, with the trade deficit, which excludes services, falling by two-thirds and net income turning positive as foreign banks h...Tags: Austerity, Credit Outlook, Crisis Level, Current Account Deficit, Economic Growth, Foreign Banks, Gdp, Gross Domestic Product, Investments, Latvia, Net Income, Pace, Rsquo, S Gross, Three Months, Trade Deficit, Two Thirds
Wed, 5 May 2010: Banks say outlook improving…
May 5, 2010 Baltics
Handelsbanken’s profit climbed to 2.8 billion kronor (291.6 million euros) from 2.77 billion kronor. SEB’s net income fell to 674 million kronor from 1.03 billion kronor. Nordea, SEB ...Tags: Baltic States, Banks, Business Environment, Ceo, Estonia Latvia, Handelsbanken, Kronor, Loan Losses, Loans, Net Income, Nordea, Outlook, Real Estate Market, Recessions, Rsquo, Seb, Signs, Swedbank, Wed 5
Thu, 22 Apr 2010: Maximus Capital reports record growth…
Apr 22, 2010 Baltics
Net commission income rose from 2,920 euros in 2008, to 661,290 euros last year, while assets under management grew almost 50 times, to 14,135,700 euros. Commenting on the results, Gene Zolotare...Tags: Assets Under Management, Baltic News, Baltic Times, Capital Markets, Cornerstone, Ginzburg, Management Board, Market Challenges, Maximus, Net Income, News Ltd, Professionalism, Profitability, Shareholder, Uncompromising Focus, Vladimir
Thu, 19 Jun 2003: Bank warns of interest rate growth…
Jun 19, 2003 Baltics
If the interest rates do not increase, Estonia's exports will continue to suffer. And if interest rates start to rise, families with average income will have to pay banks more, and general consump...Tags: Average Income, Bank Of Estonia, Banks, Consumption, Interest Rate, Loan Interest Rates, Loan Payment, Loan Payments, Loan Rates, Middle Class, Money, Mortgage Interest, Mortgage Loan Interest Rates, Mortgage Rates, Net Income, Vahur Kraft
Thu, 15 May 2003: Vilniaus Group going strong…
May 15, 2003 Baltics
Net commission income, net income from financial transactions and other income rose by 10.9 percent, or by 3.9 million litas. In year-on-year terms, the group's total assets shrank by 3.1 percent ...Tags: Assets, Commission Income, Financial Transactions, Litas, Loan Market, Loans, Net Income, Shareholders Equity, Vilniaus Bankas
Thu, 10 Apr 2003: Households have more cash to burn …
Apr 10, 2003 Baltics
The main source of income was income from labor (66 percent, or 1,658 kroons), followed by income from pensions (18 percent), while income from self-employment amounted to 5 percent. The average m...Tags: Disposable Income, Household Member, Households, Kroons, Main Source, Net Income, Pensions, Rural Areas, Self Employment, Urban Areas
Thu, 13 Mar 2003: Lithuanian insurer sees profits sink…
Mar 13, 2003 Lithuania
The group received 315.2 million litas in insurance income last year, a rise of 43.5 percent year-on-year. The company's board has recommended earmarking 35 million litas for dividend payments. Li...Tags: Codan, Credit Insurance, Danish Insurance, Dividend Payments, Dividends, Earnings, Insurance, Insurance Company, Insurer, Investment Income, Late September, Life Insurance, Litas, Net Income, Percent Stake, Profits, S Board, Shareholder Equity
Thu, 23 Sep 1999: Earnings of the listed and to-be-listed companies…
Sep 23, 1999 Baltics
The bank's loan portfolio at the end of August stood at 12.03 billion kroons and the sum total of clients' deposits at 13.53 billion kroons. The net profit of Optiva Bank in January-August was 9.7...Tags: Bank Assets, Bank Loan, Currency Exchange, Earnings, Exchange Operations, Kroons, Loan Portfolio, Loan Pr, Net Bank, Net Income, Net Profit, Optiva, Service Charges, Stock Investments, Sum Total
Thu, 22 Jul 1999: Half year earnings of the most liquid companies…
Jul 22, 1999 Baltics
In 1998, the respective figures were 228.6 million kroons and 45 million kroons. The company will publish its consolidated January-June balance sheet and profit report on July 30, after the report...Tags: Balance Sheet, Consolidated Profit, Currency, Earnings, Half Year, Kroons, Month Of June, Net Income, Norma, Optiva Bank, Profit Report, Provisions, Stock Exchange, Stock Investments, Turnover