The profits of Latvian financial institutions in the first half are far less than 20% of those of last year – Industries – Financenet



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In particular, monetary financial institutions amounted to 0.9 million euros last June

The total badets of monetary financial institutions as of June 31, 2018 amounted to 23.256 billion euros. Euros, a decrease of 16% or 4 433 billion euros At the end of June, the badets of monetary financial institutions amounted to 27.689 billion euros

. At the end of June, loans to Latvian monetary financial institutions amounted to 12.372 billion euros, 2.9% less than a year ago. Including residents of Latvian monetary financial institutions, loans totaled 12,183 billion euros in euros, down 1.9% from a year ago, while foreign currency loans were up 12% in the previous year. amounted to 234.1 million euros, or 36.7% less. Resident deposits at the end of June rose to 11.363 billion euros, up 3.8% year-on-year. Including deposits in the euro was 10.22 billion euros, and in foreign currency – 1.142 billion euros. Compared with the end of June 2017, the amount of deposits attracted by the euro increased by 6.5%, while that of foreign currency deposits decreased by 15.3%.

The reserves of Finnish monetary financial institutions amounted to 3 092 billion euros at the end of June. , which is 6.2% higher than at the end of 2017.

In the first half of 2017, monetary financial institutions earned a profit of 164.7 million euros.

Monetary financial institutions are credit institutions and financial corporations that accept deposits from clients other than monetary financial institutions, as well as loans and invest in securities for their own account.

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