Market announcement

Bigbank AS

Category

Other price sensitive information

Date

31.07.2009 14:59:27

Title

BIGBANK AS'i Leedu filiaal oli teises kvartalis kasumlik

Message

Teise kvartali esialgsete majandustulemuste põhjal säilitas BIGBANK AS'i Leedu
filiaal kasumlikkuse. Filiaali teise kvartali kasumiks kujunes 1,3 miljonit
litti. 

BIGBANK AS'i Leedu filiaali bilansimaht ulatus teise kvartali lõpu seisuga 55,4
miljoni litini, võrrelduna 52,4 miljoni litiga esimese kvartali lõpus. 
Laenuportfell kasvas teises kvartalis 7,7% võrra (laenuportfelli kasv esimeses
kvartalis oli 0,1%) ja ulatus teise kvartali lõpus 51,5 miljoni litini.
Laenuportfell kasvas 2009. aasta esimesel poolaastal 7,8% võrra. Intressitulu
ulatus teises kvartalis 4,2 miljoni litini ja muu tulu 1,2 miljoni litini.
Intressitulu 2009. aasta esimesel poolaastal ulatus 8,3 miljoni litini ja muu
tulu 2,5 miljoni litini. 

Leedu filiaali teise kvartali kasum moodustas 1,3 miljonit litti ja 2009. aasta
esimese poolaasta kasum 2,2 miljonit litti. ”Oleme optimeerinud oma sisemisi
ressursse, rakendanud konservatiivset krediidipoliitikat ja töötame aktiivselt
majanduslikesse raskustesse sattunud klientidega - nii oleme saavutanud
positiivsed teise kvartali tulemused. Vastates turul toimuvatele muutustele
oleme Leedu turule toonud ka uue kinnisvara tagatisel põhineva laenutoote.” -
ütles BIGBANK AS'i Leedu filiaali juht Rolandas Norvilas. 

2009. aasta esimesel poolaastal BIGBANK'i Leedu filiaal optimeeris oma
kontorivõrku - Kaunases, Šiauliais ja Marijampolės avati kolm uut kontorit, ja
Vilniuses suleti üks kontor. Grupil oli seisuga 30.06.2009 30 kontorit üle
Baltikumi, neist 11 kontorit asukohaga Eestis, 9 Lätis ja 10 Leedus. 
 
BIGBANK AS'i Leedu filiaali teise kvartali finantstulemused avaldame seoses
Leedu Panga poolt avaldatava finantsinformatsiooniga. BIGBANK AS avaldab
konsolideeritud teise kvartali majandustulemused tavapäraselt kvartali lõpule
järgneva teise kuu viimasel tööpäeval. 


Lisainfo:

Targo Raus
Juhatuse esimees
targo.raus@bigbank.ee
Tel: 735 0923

Title

BIGBANK AS Lithuanian branch is profitable in Q2

Message

According to the preliminary Q2 financial results specialized consumer credit
bank BIGBANK AS Lithuanian branch remains profitable. The branch showed profit
of 1.3 million LTL during the Q2. 

BIGBANK AS Lithuanian branch total assets amounted to 55.4 million LTL by the
end of Q2 2009 in comparison with 52.4 million LTL in the end of Q1. The
increase of loan portfolio in Q2 was higher (7.7%) in comparison with Q1 (0.1%)
and reached 51.5 million LTL by the end of Q2. Loan portfolio increased by 7.8%
during the first half of year 2009. Interest income for Q2 amounted to 4.2
million LTL and other income amounted to 1.2 million LTL. During the first half
of year 2009, interest income reached 8.3 million LTL and other income amounted
to 2.5 million LTL. 

The branch showed profit of 1.3 million LTL during the Q2 and formed the 2.2
million LTL profit in the first half of 2009. „We have optimized our internal
resources, we are executing conservative credit policy and actively working
with customers having financial difficulties, therefore we managed to reach
positive financial results in Q2. Also responding to market changes we
introduced to Lithuanian market new loan product based on real estate
guarantee. “- said Rolandas Norvilas the head of BIGBANK AS Lithuanian branch. 

During the first half of 2009 BIGBANK AS Lithuanian branch optimized its office
network - three new offices were opened in Kaunas, Šiauliai and Marijampolė and
one office in Vilnius was closed. As of 30 June 2009 the Group had 30 offices
all over the 
Baltics, of which 11 offices were located in Estonia, 9 in Latvia and 10 in
Lithuania. 

Financial results of BIGBANK AS Lithuanian Branch for Q2 are published in
relation to financial information published by Lithuanian Bank. BIGBANK AS
publishes consolidated financial results for the Q2 customarily on the last
working day of second month after the end of the quarter. 


Additional information:

Targo Raus
Chairman of the Management Board
targo.raus@bigbank.ee
Tel: +372 735 0923