OREANDA-NEWS. April 16, 2013. During the first three months of year 2013 NORVIK BANKA showed stable growth of operating earnings – interest income achieved LVL 2.6 million and commission income reached more than LVL 2.9 million.

First quarter 2013 the Bank concluded with net profit of LVL 704 thousand.

The Bank continued to work on products development and provide its customers with high-quality and innovative banking services. At the end of first quarter 2013 amount of subordinated deposits increased by 5.4% and reached almost LVL 20 million. Total amount of deposits achieved LVL 477.8 million.

The Bank shareholders have significantly strengthened capital base – the Bank’s capital has increased by LVL 18.1 million in 2012 and by LVL 1.4 million at the beginning of 2013.

At the end of reporting period total amount of NORVIK BANKA’s share capital reached LVL 66.9 million. Total assets of the Bank reached LVL 575.1 million.

Total number of clients, both – private individuals and corporate clients, at the end of the March reached 151.6 thousand.

Norvik Banka has the largest network of branches in Latvia – overall 80 customer service centers operates and the Bank is represented in 17 Latvian cities.