Balti Investeeringute Grupi Pank AS Announcement 11 January 2007 Initial unconsolidated un-audited results for financial year 2006 Balti Investeeringute Grupi Pank AS (BIG) continued growth in 2006, with more than a double increase of all the primary economic indicators, as the bank's initial un-audited financial results demonstrate. The volume of loans issued by BIG rose by 113% during the year of 2006, reaching 969 million kroons by the end of the year. In 2006, BIG's total assets exceeded for the first time the sum of one billion kroons, reaching 1.2 billion kroons by the end of the year. With the loan portfolio increase, equity of the bank grew during the year by 148 million kroons (114%). The bank's capitalisation remained on the same level compared to the start of the year: as of 31 December of 2006 equity comprised 24% of BIG's total assets. BIG acquired the resources necessary to finance the increased loan volumes both via bonds and deposits, as well as external bank loans. In 2006 BIG issued bonds totalling 296 million kroons, accepted term deposits totalling 127 million kroons and borrowed from other banks in Estonia the additional sum of 49 million kroons. In 2006, the bank's liabilities grew by a total of 481 million kroons (118%). The increase of BIG's volumes is caused by the general growth of the consumer loans market and BIG's active operations aimed at expanding its market share. For several years in a row BIG has been able to maintain a growth rate higher than the market average. BIG's main field of activity in 2006 was unchanged - to provide private persons with consumer loans with real estate, surety and income guarantees, as well as smaller unsecured loans. One important change was introduced in December when BIG began offering quick SMS loans as well. Targo Raus Chairman of the Board 6309 938
Initial unconsolidated un-audited results for financial year 2006
| Source: BIGBANK