2012 was a successful year for Baltikums Bank. The Bank demonstrated its best financial performance to date, increasing efficiency and ramping up all of its core lines of business, in every region where it is active. We have taken forward positions among financial institutions in Latvia across a whole range of key indicators such as the rate of growth of assets and funds under management, as well as return on equity.
The Bank’s Chairman of the Board and CEO Dmitrijs Latiševs noted: “During the reporting period, we have carried out a series of important activities which, coupled with positive results brought about by the Bank’s efficient growth strategy have laid the groundwork for continued dynamic development. We have made a considerable step forward on the way to achieving our strategic goals: increased profit and return on equity.”
Key audited financial performance indicators of Baltikums Bank as of 31 December 2012
“These results were achieved in an environment of high uncertainty concerning the global economy and unstable financial markets, reaffirming the correct growth strategy selected by Baltikums Bank, the Bank’s ability to demonstrate robust growth across all of its lines of business”, added Latiševs.
The Bank is thankful to its customers and partners for their confidence and is looking forward to future cooperation.
You can view the Bank’s full audited financial report for 2012 on the Bank’s website, www.baltikums.eu.
Baltikums Bank AS
Deputy of Head of the Product Development and Marketing Department
Tel.: +371 67 031 408, +371 29 206 536