Highlights of Bank’s Financial Results for ten-month reporting period
During the ten-month reporting period the positive asset amount growth trend is verified within the conservative placement strategy.
Baltic International Bank’s assets as at the end of October 2008 reached 155,120 million lats, which means increase by 41 % or 75, 690 million lats from the same period last year. The index of asset amount in comparison with the previous month has increased for 29,043 million lats.
The total amount of deposits as at the end of October 2008 in comparison with the result as at the end of September has increased by 26,576 million lats or 19 %, and reached 163,011 million lats.
The Bank’s equity and reserves amounted to 13,015 million lats.