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
8213
Attachments
Submission date and time
11.08.2020 08:00:00
Content of announcement in Estonian
Title
LHV Groupi tulemused juulis 2020
Message
AS-i LHV Group juuli puhaskasumiks kujunes 4,5 miljonit eurot, sh teenis AS LHV Pank 4,4 miljonit eurot puhaskasumit ja AS LHV Varahaldus 0,3 miljonit eurot. Juulikuu oli LHV jaoks tavalisest aktiivsem. Kasumit mõjutasid positiivselt finantsplaanis eeldatust parem majanduskonjunktuur, mille tõttu vähendati laenude allahindlusi 0,5 miljoni euro võrra, ning hoiuseplatvomidelt kaasatud hoiuste osaline tagastamine, mis aitas vähendada finantseerimiskulu. Kasumi osas edestab LHV finantsplaani 5,7 miljoni euro võrra. Finantsplaani muutmise vajadus otsustatakse sügisel, kui hakkavad lõppema esimesed kevadel antud maksepuhkused. Hoiused vähenesid 17 miljoni euro võrra, tavaklientide hoiused suurenesid samas 25 miljoni euro võrra. LHV on jätkanud avatud ja aktiivse laenupakkumisega, laenuportfell suurenes kuuga 24 miljoni euro võrra. Varahalduse juhitud fondide maht suurenes 15 miljoni euro võrra. Klientide arvu kasv juulis kiirenes - kuuga lisandus enam kui 3300 pangaklienti ning II samba pensionifondide aktiivsete klientide arv kasvas enam kui 1600 võrra. Juulis nimetas rahvusvaheline majandusajakiri Euromoney LHV juba kolmandat aastat järjest Eesti parimaks pangaks. Konkursil tõid edu panga jätkuvalt kiire kasv, innovaatilisus ja head majandustulemused. AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded/ (https://www.globenewswire.com/Tracker?data=ggwDQoKK2UYCEt5MyrmkEu6mP5KZxri7T6C_ dFhLZ75mgxSb19-DMiwuM5k8NeZUp9b- LQW4CqrBYVKbufVCkSAvEK13W1n1rH1V1x_6QZPBaLAFwbbH9-ZuAMWqY3vX). LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab rohkem kui 470 inimest. LHV pangateenuseid kasutab rohkem kui 227 000 klienti ja LHV hallatavatel pensionifondidel on ligi 181 000 aktiivset klienti. LHV Ühendkuningriigi filiaal pakub panganduse taristut enam kui 120 rahvusvahelisele finantsteenuste ettevõttele, mille kaudu jõuavad LHV makseteenused klientideni üle terve maailma. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
LHV Group results in July 2020
Message
AS LHV Group's net profit in July amounted to EUR 4.5 million, including AS LHV Pank earning EUR 4.4 million as net profit and AS LHV Varahaldus EUR 0.3 million. For LHV July proved more active than usual. Profit numbers were affected positively by the better economic situation than anticipated in the Financial plan resulting in reduction of impairments by EUR 0.5 million; and also the partial repayment of deposits gathered via deposit platforms, that decreased financing cost. Regarding profit LHV outperforms the YTD financial plan by EUR 5.7 million. The decision on the need to change the financial plan will be made in autumn, when the first grace periods granted in spring will end. Deposits decreased by EUR 17 million, at the same time regular deposits increased by EUR 25 million. LHV has continued on with open and active loan offering, during the month the loan portfolio grew by EUR 24 million. Volume of funds managed by Varahaldus increased by EUR 15 million. The growth of client numbers picked up pace as more than 3,300 new banking clients and over 1,600 new active pension fund clients were added. In July, the international business magazine Euromoney declared LHV the best bank in Estonia for the third time. The bank's continued rapid growth, innovation and good financial results brought success in the competition. 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. LHV employs over 470 people. LHV's banking services are used by more than 227,000 clients, and pension funds managed by LHV have about 181,000 active clients. Additionally, LHV's UK branch offers banking infrastructure to more than 120 financial service providers, that in turn intermediate LHV's payment services to their customers around the world. Priit Rum Communication Manager Telefon: +372 502 0786 Email: [email protected] (mailto:[email protected])