Please find attached JSC TRASTA KOMERCBANKA Interim Condensed Financial
Statements and Consolidated Condensed Financial Statements for the period ended
30 September 2010 (unaudited) in LVL and EUR.
As show the unaudited financial results of Trasta komercbanka (TKB), during the
third quarter of 2010 the bank worked with a profit of 1.61 million lats. Owing
to such performance during this period, the losses of previous quarters shrunk
by 60% to 1,04 million lats on September 30.
The amount of deposits during the third quarter of 2010 increased by 16% and
reached 193.6 million lats. On September 30, TKB's loan portfolio was 94.9
million lats, which is 8% below the volume which TKB had at the beginning of
the quarter. At the end of the quarter the capital and reserves of TKB amounted
to 32.3 million lats, the bank's capital adequacy ratio was 14.95%. The bank's
assets at the end of the third quarter reached 245.4 million lats in total,
showing an increase of 16% compared to the beginning of the quarter. On
September 30, liquidity of Trasta komercbanka was 70.82%.
Trasta komercbanka is the oldest private bank in Latvia, having been
successfully operating in the financial market of Latvia since 1989. TKB
actively participates in the international markets by providing capital
management and trade finance services. Along with its branches in Latvia,
Trasta komercbanka has also a branch in Cyprus. Besides, the Bank's group is
represented in Russia, Ukraine, Belarus, Kazakhstan, Tajikistan, Canada, and
this year Azerbaijan will join to the group network of representative offices.
Julia Jurgele
JSC Trasta komercbanka
PR Specialist
Tel. +371 67027785
