Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Nordea bank records 5m euro profit in 2013

Jan 29, 2014
From wire reports, RIGA

Nordea bank in Latvia has recorded 5.3 million euros in profit during 2013 The figure amounts to 74 percent less than in 2012, according to the bank's statement.

Nordea income totaled 65 million euros in Latvia in 2013, 3 percent more than in 2012. The bank's expenses reached 31.6 euros million, a 14 percent increase.

Nordea profit before provisions for bad loans was 33.4 million euros, provisions for bad loans amounted to 28 million euros, an 83 percent increase.

The amount of deposits at Nordea reached a record-high figure - 1.33 billion euros, a 15 percent increase. The bank's loan portfolio reached 2.57 billion euros at the end of 2013, 5 percent less than at the end of 2012.

The bank issued 300 million euros in new loans in 2013, 9 percent more than in 2012. The bank's risk-weighted assets amounted to 1.826 million euros.

 MORE NEWS
  • VIDEO: KGB, Torture and Soviet...
    A new NATO video looks inside the KGB prison where Latvians were locked up, tortur...
  • Top travel site names Lithuani...
    Lithuania has been named a top travel destination in 2015 by leading travel websit...
  • Baltic leaders set for top rol...
    The European Parliament on Wednesday voted in favor of Jean-Claude Juncker's n...
  • Estonia pioneers e-residence s...
    Estonia will issue identity cards allowing access to its digital services to pe...
  • EU upholds sanctions against R...
    The EU has agreed to furthering sanctions against Russia amid the crisis in the...
  • Latvia lingerie firm opens fir...
    A Latvian lingerie firm has opened a store in the most unlikely of countries......
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.