2012 2nd Quarter Operating Results of JSC TRASTA KOMERCBANKA


During the second quarter of 2012  Trasta komercbanka continued to develop bank services, focusing on the improvement of electronic services and extension of correspondent banking network. The Bank began to offer its customers a new service - the electronic trading platform TKB TRADER – for more convenient  exchange trading and investment portfolio management. Through the use of the platform you can close a deal with just one click, and control your investment portfolio on-line. The platform also provides ample opportunities for market analysis and generation of trading ideas. Trasta komercbanka also upgraded the functionality of the Internetbank to provide customers with new account balance management and regular payment options.

As of 30 June, Trasta komercbanka’s assets amounted to LVL 325.92 million, which is by LVL 29.02 million more than the final figure of 2011. As at the end of the reporting period the amount of attracted deposits reached LVL 268.85 million, but the Bank's loan portfolio amounted to LVL 97.37 million. The Bank concluded the second quarter of 2012 with a loss of LVL 510 thousand (LVL 396 thousand before tax), which was a result of making additional provisions and revaluation of securities. The Bank's capital and reserves as of 30 June 2012 amounted to LVL 34.29 million.

 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, Azerbaijan and China (Hong Kong).  

 

Julija Jurgele
Deputy head of PR
JSC Trasta komercbanka

 

         Tel. +371 67027785
         pr@tkb.lv


Attachments

TKB_2012_1cet_parsk_eng_LVL.pdf TKB_2012_1cet_parsk_eng_EUR.pdf