Audited semi-annual report is published

In comparison to the previous 6 months the Bank’s profit ratings have increased considerably. In the first 6 months of 2015 the Bank’s profit was EUR 2.1 million, however, in the first 6 months of this year, profit has increased four times and reached EUR 8 million.

Bank’s key financial indicators:

• The Bank’s assets on 30th June 2016 were EUR 218.7 million.
  
• The Bank's capital adequacy level on 30th June 2016 was 16.81%, and the liquidity ratio 100.61%. 
  
• The Bank's return on equity (ROE) at 30th June 2016 was 69.37%, while return on assets (ROA) reached 7.53%.
  

We express our gratitude to our shareholders and customers for their trust and our employees - for their contribution to the development of the Bank!

The full report can be found here.