Market announcement

AS LHV Group

LEI code

529900JG015JC10LED24

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

Other corporate action

Unique data record identifier

7009

Submission date and time

11.12.2018 08:00:00

Content of announcement in Estonian

Title

LHV Groupi 2018. aasta novembri tulemused

Message

AS LHV Group teenis novembris 2,5 miljonit eurot konsolideeritud puhaskasumit:
AS LHV Pank teenis 2,0 miljonit eurot puhaskasumit ja AS LHV Varahaldus 0,6
miljonit eurot.

LHV Groupi juhataja Madis Toomsalu kommentaar:
"Novembri tulemused olid tugevad kõikide näitajate alusel. Panga klientide arv
suurenes rohkem kui 2700 võrra ning erinevad aktiivsusnäitajad paranesid.
Laenude kasv summas 36 miljonit eurot tulenes nii ettevõtete kui ka kodulaenude
portfellist, intressitulud on tugevad ja kasvamas. Maksevahendajate hoiuste
vähenemise tõttu vähenesid hoiused kuu jooksul 71 miljoni euro võrra,
tavaklientide hoiused kasvasid 19 miljonit eurot. Pensionifondide mahud kasvasid
9 miljoni euro võrra. Tavapärasest rohkem sõlmiti investeerimisteenuste
lepinguid, selle raames avati uusi investeerimiskontosid võlakirjade
märkimiseks, aga ka mikroinvesteerimise teenuse kasutamiseks.

Muudest olulistest sündmustest viisime läbi LHV Groupi allutatud võlakirjade
emissiooni, kus märkimise kõrge huvi tõttu suurendasime emissiooni mahtu 20
miljoni euroni. Novembri lõpu seisuga edestame LHV käesoleva aasta finantsplaani
1,2 miljoni euro võrra."

AS-i LHV Group aruanded on saadaval aadressil:
https://investor.lhv.ee/et/aruanded.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab 380
inimest ja LHV pangateenuseid kasutab üle 159 000 kliendi. LHV hallatavatel
pensionifondidel on 178 000 aktiivset klienti.


Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: [email protected]

Manus

  * LHVGroup 2018-11 Investoritele EST (https://ml-
    eu.globenewswire.com/Resource/Download/3d70e3f1-e518-437a-a525-4dcad07beab1)

Content of announcement in English

Title

LHV Group results for November 2018

Message

In November, AS LHV Group earnt EUR 2.5 million in consolidated net profit: AS
LHV Pank earnt EUR 2.0 million in net profit and AS LHV Varahaldus EUR 0.6
million.

Comment of Madis Toomsalu, Managing Director of LHV Group:
"On the basis of all indicators, the results for November were strong. The
number of the bank's clients increased by more than 2,700 and we could see
improvement in various activity indicators. Loan growth in the amount of EUR 36
million was driven by both the corporate as well as home loan portfolio, while
interest income is strong and increasing. Due to a decline in the deposits of
payment intermediaries, total deposits dropped by EUR 71 million over the month,
however those of regular clients increased by EUR 19 million. The volume of
pension funds grew by EUR 9 million. The number of signed investment services
agreements was higher than usual; new investment accounts were opened within
these for the subscription of bonds but also for using the micro-investing
service.

As for other important events, we conducted the LHV Group subordinated bond
issue, where due to the high interest in subscription, we increased the issue
size to EUR 20 million. As at the end of November, we have surpassed the
financial plan of LHV for this year by EUR 1.2 million."

AS LHV Group reports are available at https://investor.lhv.ee/en/reports/.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. There are
380 people working at LHV and more than 159,000 clients are using its banking
services. Pension funds managed by LHV have 178,000 active clients.


Priit Rum
Communication Manager
Phone: +372 502 0786
Email: [email protected]

Attachment

  * LHVGroup 2018-11 Investoritele EN (https://ml-
    eu.globenewswire.com/Resource/Download/b84709a5-3c25-4163-989e-0520be5bc855)