Home » Business » The amount of deposits in Latvian banks in the first half of the year has increased by 1% – Banking News – Financenet

The amount of deposits in Latvian banks in the first half of the year has increased by 1% – Banking News – Financenet

At the end of June 2020, Swedbank still attracted the most deposits – 5.266 billion euros, which is 7.9% or 384.966 million euros more than at the end of last year.

This is followed by Citadele Bank, which had attracted 3.355 billion euros in deposits, which is 12.8% or 380.926 million euros more, and SEB banka, which had attracted 3.154 billion euros, which is 1.8% or 54.925 euros more. million euros more.

The amount of attracted deposits in the first half of the year has increased in the already mentioned Swedbank, Citadele and SEB banka, as well as BlueOrange Bank – by 16.2%, Rigensis Bank – by 93.9%, as well as Signet Bank “- by 17%.

The amount of deposits in the Latvian branch of Luminor Bank decreased by 9%, in the Regional Investment Bank – by 7.6%, in the Baltic International Bank – by 10.1%, in the LPB Bank – by 5.2%, Industra Bank – by 8.1%, PrivatBank – by 8.4%, OP Corporate Bank branch in Latvia – by 90.4%, as well as Expobank – by 15.9%.

The data of the association also show that at the end of June 2020, companies had deposited 6.999 billion euros in Latvian banks, but individuals – 9.73 billion euros. Among them, Swedbank attracted the most deposits from companies as well as individuals – 1.948 billion euros and 3.182 billion euros, respectively.

At the same time, the data of the association do not include the data of the Latvian branch of “Rietumu banka” and “BigBank”, which are not members of the association.

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