SEB Bank earnings jumped 21% | Business



[ad_1]

The net profit of SEB Bank this year was 50.5 million. 21 per cent According to a report by SEB Bank, the SEB Bank group, which repaid part of the Swedish bank Skandinaviska Enskilda Banken, has lost 3% in the last 12 months. and at the end of June it was 7.4 billion. euro The Group 's lending and leasing portfolio, which accounts for the largest portion of badets, grew by 12% year – on – year. up to 6.2 billion

According to the chairman of the board of directors of SEB Bank and President Raimondas Kvedaras, for the first half of this year, the Bank provided residents and businesses with 1,157 billion of dollars. New loans (1.116 billion euros in the first half of last year), of which 223 million euros were allocated to residents for home loans, consumer loans and others.

  Photo by SEB Bank / President Raimondas Kvedaras, President of SEB Bank

Photo by SEB Bank / President Raimondas Kvedaras

"In the first half of this year, Lithuanian economic development has been faster than the economy. the economy of the European Union This has been fueled by sustainable growth, sustained by both export growth and domestic demand.Because of the rapid rise in average wages and the fall in unemployment, the purchasing power of households has increased and expectations have improved, "Kvedaras said in a statement

.

The deposit portfolio of SEB Bank (including funds of financial institutions) increased by 10% during the year. and by the end of June stood at 5.6 billion.

Bank Group income in the first half of the year was $ 97.3 million. 16 percent over January-June of last year (EUR 83.9 million).

The shareholders' equity of the SEB group as at 30 June was 717 million. 0.5% of EUR More than a year ago (EUR 714 million).

The banking group in Lithuania comprises SEB Bank, SEB Investicijų Valdymas and SEB Venture Capital. There are other SEB group companies operating in Lithuania – SEB gyvybės draudimas, Litectus, SEB Group service center in Vilnius.

[ad_2]
Source link