OREANDA-NEWS. August 11, 2010. According to unaudited data, Ukio bankas Group earned LTL 2.3 million net profit in the first half-year of 2010. The unconsolidated unaudited profit of AB Ukio bankas in the first half-year of 2010 was LTL1.0 million, reported the press-centre of Ukio bankas.

“We are happy about the positive performance results. We see favourable changes in the country’s economy and notice more and more encouraging tendencies in key activities of the Group: the net interest income grew in Q2 compared to Q1 as the borrowing became cheaper; clients became more active and made more transactions, thus the net service and commission income also increased,” said Ukio bankas Board Chairman Gintaras Ugianskis.

In Q1 2010 Ukio bankas Group assets grew by 10 percent and in the end of half-year amounted to LTL 4.71 billion. During the first half-year of 2010 the deposits of Ukio bankas Group clients increased by 7 percent and reached LTL 3.55 billion at the end of the period; the net value of loan portfolio grew by 9 percent and was LTL 2.64 billion at the end of the first half-year.

In addition to Ukio bankas, Ukio bankas Group owns subsidiaries Ukio banko lizingas, Ukio banko investiciju valdymas, Ukio banko rizikos kapitalo valdymas, Investicinio turto valdymas, Bonum Publicum, Turto valdymo paslaugos. UAB Ukio banko rizikos kapitalo valdymas owns 100 percent of RAB Ukio bank lizing shares.