The Latvian banking sector closed the first seven months of 2017 with EUR 197.9 million in profit, according to the information from the Latvian financial regulator, the Finance and Capital Market Commission.
Fifteen Latvian banks and four branches of foreign banks showed profit in the first seven months of this year. Their combined share in the Latvian banking sector's assets was 98.3 per cent.
Bank deposits at the end of July had dropped by 1.6 per cent or EUR 334.8 million, including deposits of residents by 0.6 per cent or EUR 76.2 million and d...
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