Profit of „Baltic Trust Bank” for the 1st quarter of 2007


In the 1st quarter of 2007 „Baltic Trust Bank” (BTB) has earned 1,329 million
lats, which is by 23,2% more compared to similar period of the previous year. 

On 31 March 2007 the assets of BTB reached 244,27 million lats. 

The Bank has issued loans for the amount of 120,96 million lats, which is by
5,7% or 6,505 million lats more compared to the end of previous year. BTB has
issued mortgage loans for the amount of 37,819 million lats, which is by 1,5%
or 558,4 thousand lats more than at the end of 2006. 

At the end of the 1st quarter BTB has drawn deposits for the amount of 172,733
million lats - by 2,8% or 4,65 million lats more compared to the end of 2006. 

At the end of March Bank's funds and reserves comprised 32,788 million lats,
which is by 1,7% more than at the end of previous year. 

Uldis Zandars

Deputy Head of the Marketing department