Market announcement
Bigbank AS
Category
Other price sensitive information
Date
07.08.2009 16:10:17
Title
BIGBANK teenis esimesel poolaastal 69,6 miljonit krooni kasumit
Message
BIGBANK AS teenis 2009. aasta esimesel poolaastal kokku 69,6 miljonit krooni kasumit; grupi varade maht suurenes II kvartalis 18,7 miljoni krooni võrra 2,8 miljardi kroonini. BIGBANKi esialgsete auditeerimata konsolideeritud majandustulemuste kohaselt kahanes panga laenuportfell tänavu II kvartalis 18,2 miljoni krooni võrra ulatudes I poolaasta lõpuks 2,1 miljardi kroonini. Pank teenis I poolaastal intressitulu 299,3 miljonit krooni, intressikulu oli samal ajal 106,4 miljonit krooni. Omakapital moodustas II kvartali lõpus 637,5 miljonit krooni. BIGBANK teenis poolaastaga 69,6 miljonit krooni kasumit, mida on võrreldes 2008. aasta sama ajaga 19,6 miljonit krooni vähem. BIGBANKi kasum Eestis moodustas 35,1 miljonit krooni, Lätis 24,4 ning Leedus 10,2 miljonit krooni. BIGBANKi kasumlikkust mõjutasid reservide moodustamine võimalike laenukahjude katteks ja müügivõrgu restruktureerimine, mille tulemusena vähenes BIGBANKi töötajate arv Balti riikides kokku 107 töötaja võrra. Ettevõtte hinnangul avaldub muudatuste positiivne mõju palga- ja tegevuskuludele alates III kvartalist 2009. II kvartalis moodustati võimalike laenukahjude katteks provisjone kokku 54,4 miljoni krooni väärtuses (I kvartalis 82,6 miljonit krooni). Allahindluste kogumaht oli juuni lõpu seisuga 329,4 miljonit krooni, sealhulgas laenunõuete provisjon 278,4 miljonit krooni, intressinõuete provisjon 40,5 miljonit krooni ning muu vara allahindlused 10,5 miljonit krooni. Üle 90 päeva viivituses olevate laenude maht vähenes 2009. aasta II kvartalis 34,4 miljoni krooni võrra 924,0 miljoni kroonini. BIGBANKi juhatuse esimees Targo Raus sõnas, et BIGBANK suutis II kvartalis seatud eesmärgid täita ja säilitada majanduse keerulisest olukorrast sõltumata korraliku kasumlikkuse. „Me ei näe teisel poolaastal olulisi muutusi Balti riikide majanduskeskkonnas ja jätkame senist konservatiivset krediidipoliitikat,“ lausus Raus. Lisainfo: Targo Raus Juhatuse esimees targo.raus@bigbank.ee Tel: 735 0923
Title
BIGBANK's profit of the first half-year amounted to 69.6 million kroons
Message
During the first half-year of 2009 BIGBANK AS earned 69.6 million kroons of profit; the Group's total assets increased in the second quarter by 18.7 million kroons and amounted to 2.8 billion kroons. According to preliminary BIGBANK's unaudited results the Group's loan portfolio decreased in the second quarter by 18.2 million kroons amounting to 2.1 billion kroons at the end of the first half-year. BIGBANK's interest income in the first half-year amounted to 299.3 million kroons, interest expense during the same period amounted to 106.4 million kroons. As of the end of the second quarter equity totalled 637.5 million kroons. BIGBANK's profit in the first half-year amounted to 69.6 million kroons, which is 19.6 million kroons less than in the same period of the previous year. BIGBANK's profit in Estonia amounted 35.1 million kroons, in Latvia 24.4 million kroons and in Lithuania 10.2 million kroons. BIGBANK's profit was influenced by formation of reserves for probable loan losses and restructuring of sales network, as a result the number of employees in the Baltic states decreased by 107 employees. In company's opinion the positive effect of these changes to salaries and operating costs occur starting from the third quarter of 2009. In the second quarter the volume of impairment allowances amounted to 54.4 million kroons (82.6 million kroos in the first quarter). As of 30 June 2009 the total amount of impairment allowances amounted to 329.4 million kroons, including impairment allowances for loans 278.4 million kroons, impairment allowances for interests 40.5 million kroons and impairment allowances for other assets 10.5 million kroons. The volume of loans with payment delays over 90 days has decreased in the second quarter of 2009 by 34.4 million kroons to 924.0 million kroons. Targo Raus, BIGBANK's Chairman of the Management Board said that BIGBANK was able to accomplish goals set in the second quarter and to retain a decent profitability despite of the complicated economic environment. „We do not see significant changes in the economic environment of the Baltic states in the second half-year of 2009 and we will continue to implement conservative credit policy,” said Raus. Additional information: Targo Raus Chairman of the Management Board targo.raus@bigbank.ee Tel: +372 735 0923