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TRK: Trasta komercbanka's performance in the first quarter of 2009

Spekuliantai.lt | 2009-04-27 | NASDAQ OMX biržų naujienos | perskaitė: 1392
TRK: Trasta komercbanka's performance in the first quarter of 2009

Trasta komercbanka Interim report 27.04.2009

Trasta komercbanka's performance in the first quarter of 2009

JSC “Trasta komercbanka” (TKB) ended the first quarter of 2009 with a profit of
670 thousand lats.

According to unaudited financial results the volume of deposits with TKB in the
first three months of the year increased by 750 lats and amounted to 160,2
million lats. The Bank's loan portfolio on 31 March was 126,02 million lats
which is by 3,18 million or 2,6% more than at the beginning of the year. The
volume of capital and reserves at the end of March reached 35,22 million lats
but overall assets of the Bank by the end of the first quarter achieved 239
million lats thus exceeding by 7% or 21, 87 million lats the final ratio of
2008. In the first three months of 2009 the Bank earned 670 thousand lats. TKB
capital adequacy ratio as of 31 March was 17.32%

Trasta komercbanka is the oldest private bank in Latvia which will celebrate
its 20th anniversary this year. It has been working successfully on the
financial market of Latvia since 1989. In March, 2009, in the very heart of Old
Riga at 1 Palasta Street, Trasta komercbanka launched a new Customer Service
Centre, which provides highest quality services to customers of the Bank.

Agita Musina
Public Relations Specialist
JSC “Trasta Komercbanka”

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