Preliminary result for the three quarters of the year 2011


Vilnius, Lithuania, 2011-10-27 07:32 CEST (GLOBE NEWSWIRE) --  

According to preliminary data, unaudited net profit earned over the three quarters of the year 2011 by  AB SEB bankas is LTL 246.7 million (EUR 71.4 million) and by AB SEB bankas Group is LTL 431.5 million (EUR 125.0 million). The result has been calculated in accordance with the requirements set by the acts of the Bank of Lithuania and legal acts of the Republic of Lithuania. Over the three quarters of the year 2010, unaudited net loss suffered by AB SEB bankas totalled LTL 112.1 million (EUR 32.5 million) and by the Bank’s Group – LTL 76.1 million (EUR 22.0 million). The result of the three quarters of the year 2011 of AB SEB bankas includes sale profit resulting from transfer of shares of the Bank’s subsidiary company UAB “SEB Enskilda” to SEB Group.

The result of the three quarters of the year 2011 of the AB SEB bankas Group doesn’t include the result of UAB “SEB Enskilda”.

This notification is non-confidential.

Jonas Iržikevičius, Deputy President of AB SEB bankas, Director of the Business Support Division and CFO, tel. +370 5 268 2355, is authorized to provide additional information regarding the material event.