Estonia’s
By the end of the month, the number of clients reached 191,800 and the number of active clients was 85,900. The customer base has grown by 22% over the year, the bank told the stock exchange.
The volume of the bank's customer deposits increased by €45mn, reaching €1.74bn by the end of month. Deposits of corporate customers increased by €33mn, and deposits of private customers increased by €1mn. The volume of deposits attracted from international platforms increased by €11mn. The volume of bank deposits has grown by 15% during the year.
The bank's loan portfolio grew by €29mn and reached €1.56bn by the end of month. Business loans rose by €13mn, home loans increased by €11mn, leasing grew by €2mn and consumer financing loan portfolio increased by €2mn. The loan portfolio has expanded by 14% over the year.
In April, the loan impairment cost was €0.3mn.
Compared to the first four months of last year, the bank's net income has remained at the same level this year and expenses have increased by 23%.
In April, the bank earned a net profit of €2.8mn. In the first four months of the year, the bank has earned a net profit of €12mn, which is 8% less than in the same period last year.
In April,
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