Trasta komercbanka
JSC TRASTA KOMERCBANKA 9 months 2010 financial report (unaudited)
Trasta komercbanka 25.11.2010 14:31 --------------------------------------------------------------------------- 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 News Source: NASDAQ OMX 25.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Trasta komercbanka Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000800415 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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