On the audited financial results of Baltic International Bank


Since information on some events which became known after the reporting period and which shall be reported retrospectively was obtained after the unaudited financial results had been published, in the process of preparing of the 2016 Annual Report, a number of adjustments were made. Impairment of Bank’s long-term investments in Great Britain and Latvia had exerted the greatest impact on the difference between the audited and unaudited financial results.

         Teika Lapsa
         Head of Marketing and Communication Department
         Phone: (+371) 6 7000 444
         Email: teika.lapsa@bib.eu