- 2007


Profit in H1 2007 - LVL 4.6 million (€ 7.5 million)


Profit in H1 2007 materially increased by 372% to LVL 4 649 thousands (€ 6 615
thousands) in compare to LVL 985 thousands (€ 1 401 thousands) in H1 2006; 


Return on equity (ROE) in H1 2007 - 26,66%;

Capital Ratio (CAD) in H1 2007 - 10,23%;

Return on Assets (ROA) in H1 2007 - 2.43%;

Cost/income ratio in H1 2007 - 59%;

Operating income in H1 2007 increased by 72,2% to LVL 13 127 thousands (€ 18
678 thousands) in compare to H1 2006; 

Net interest income in H1 2007 up by 50,1% to LVL 7 373 thousands (€ 10 490
thousands) in compare to H1 2006; 

Net fee and commission income in H1 2007 grew by 20,5% to LVL 2 504 thousands
(€ 3 562 thousands) in compare to H1 2006; 

Operating expenses in H1 2007 rose by 24,2% to LVL 7 850 thousands (€ 11 169
thousands) in compare to H1 2006; 

Total assets in H1 2007 increased by 48,5 % to LVL 450 780 thousands (€ 641 402
thousands) with compare to the beginning of year 2007. 

Attachments

semi-annual report norvik banka_2007.pdf norvik banka pr for icex semi-annual report 2007.pdf