At the end of June 2017 the operating income totalled EUR 9,76 million. The profit of the Bank was EUR 186 thousand. The assets at the end of the respective period reached EUR 267,32 million. The Bank’s loan portfolio increased by 10,67 percent, compared to the figure recorded as of 30 June 2016, and reached EUR 74,91 million.

The liquidity ratios exceed the regulatory thresholds. As of 30 June 2017, the liquidity ratio was 65,52 percent. The structure of liquid assets is well diversified, as represented by bonds (45 percent), due from credit institutions (19 percent), due from the Bank of Latvia (34 percent) and cash (2 percent). The Liquidity Coverage Ratio (LCR) totalled 243,93 percent. The net stable funding ratio (NSFR), characterizing the availability of a stable funding profile in relation to the composition of assets and off-balance sheet activities, reached 134,90 percent.

As of 30 June 2017, the Bank’s own funds totalled EUR 33,17 million. The Bank’s Tier I capital ratio (CETI) totalled 11,86 percent. Having reached 15,05 percent, the total capital ratio by 4,85 percentage points exceeds the individual ratio, set for the Bank by the Financial and Capital Market Commission. By the end of 1Q 2017, the leverage ratio was 9,86 percent.

In June 2017, the Bank for the first time received the Gold Award from the annual Sustainability Index. In the second quarter of 2017, the Bank was acknowledged for its efforts in the field of social responsibility, and for the first time the Bank received the status of a family–friendly enterprise.

         Teika Lapsa
         Head of Marketing and Communication Department
         Email: teika.lapsa@bib.eu
         Phone: (+371) 6700 0444