Market announcement
Bigbank AS
LEI code
5493007SWCCN9S3J2748
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Management interim statement or quarterly financial report
Unique data record identifier
2974
Attachments
Submission date and time
30.11.2010 18:00:26
Content of announcement in Estonian
Title
BIGBANK teenis 9 kuuga 46,9 miljonit krooni kasumit
Message
Tänavu kolmandas kvartalis oma tegevuse laiendamisele väljapoole Balti riike panustanud BIGBANKi grupp teenis 9 kuuga kokku 46,9 miljonit krooni kasumit. BIGBANKi grupi intressitulud ulatusid kolmandas kvartalis 115,4 miljoni kroonini, vähenedes võrreldes eelmise aasta sama perioodiga 34,8 miljonit krooni. Intressikulud moodustasid samal ajal 28,6 miljonit krooni võrreldes 44,8 miljoni krooniga eelmise aasta samal perioodil. Intressikulude vähenemine on eelkõige seotud hoiuseintresside langusega ja võlakirjade osakaalu vähenemisega kohustuste struktuuris. BIGBANKi laenuportfelli maht oli septembri lõpu seisuga 2 247,7 miljonit krooni. Koguvarade maht kasvas III kvartalis 240,5 miljoni krooni võrra, kusjuures laenuportfell suurenes 64,6 miljoni krooni võrra, kasvades kvartaalselt esimest korda alates 2009. aasta teisest kvartalist. Grupi kasum 2010. aasta kolmandas kvartalis oli 16,8 miljonit krooni, võrreldes 18,7 miljoni krooniga eelmises kvartalis. Kasum enne allahindlusi ulatus kolmandas kvartalis 59,8 miljoni kroonini. Kokku teenis BIGBANK 9 kuuga 46,9 miljonit krooni kasumit. BIGBANKi juhatuse esimehe Targo Rausi sõnul jätkas pank oma tegevuse laiendamist väljaspool Baltikumi. “Aasta alguses alustasime laenude väljastamist Soomes, kus oleme oma arengutega graafikus,” lausus Raus. Teise olulise trendina tõi Raus välja klientide maksekäitumise paranemise võrreldes eelmise aasta sama perioodiga. BIGBANK AS on Eesti kapitalil põhinev spetsialiseerunud pank, millel on filiaalid Soomes, Lätis ja Leedus ning mis pakub piiriülese teenusena oma tooteid ka Austrias ja Saksamaal. 2010. aasta III kvartali lõpu seisuga oli BIGBANKis 452 töötajat. Kontorite arv oli kvartali lõpu seisuga kokku 28, sh Eestis 10. BIGBANKil oli septembri lõpu seisuga 108 000 laenuklienti. Lisainfo: Targo Raus Juhatuse esimees Tel: 735 0923 [email protected]
Content of announcement in English
Title
BIGBANK´s net profit of the first 9 months of 2010 amounted to 46,9 million kroons
Message
BIGBANK´s net profit of the first 9 months of 2010 amounted to 46,9 million kroons; the bank continued to focus on expanding its activities outside the Baltic states. In the third quarter, interest income amounted to 115.4 million kroons, decreasing by 34.8 million kroons compared to the same period of the previous year. During the same period interest expenses totalled 28.6 million kroons, compared to the 44.8 million kroons of the same period of the previous year. Reduction of the interest expenses is above all connected with the decrease in the deposit interest and the increase in the share of deposits and decrease in the share of bonds in the structure of liabilities. As of the end of September BIGBANK´s loan portfolio amounted to 2 247,7 million kroons. Total assets increased by 240,5 million kroons during the third quarter and the loan portfolio grew by 64.6 million kroons, growing on quarterly basis for the first time since the second quarter of 2009. Net profit of the third quarter amounted to 16.8 million kroons, compared to the 18.7 million kroons of the previous quarter. In the third quarter, profit before impairment allowances totalled 59.8 million kroons. BIGBANK´s net profit of the first 9 months of 2010 amounted to 46,9 million kroons. According to Targo Raus, the Chairman of the Management Board of BIGBANK, the company continued to expand outside the Baltic states. “In the beginning of the year we started issuing loans in Finland and currently we are in schedule with our developments there,” said Raus. As a second important trend Raus pointed out that payment behavior of clients has improved compared to the same period of the previous year. BIGBANK AS is a specialised credit institution based on Estonian capital, which has branches in Finland, Latvia and Lithuania and provides its services on cross-border basis also in Austria and Germany. As of the end of September 2010 BIGBANK had 452 employees and 28 offices, of which 10 offices were located in Estonia. As of the end of September BIGBANK had 108 000 loan customers. Additional information: Targo Raus Chairman of the Management Board Tel: 735 0923 [email protected]