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AB Bank SNORAS has earned the profit of LTL 18.4 million within nine months this year

According to unaudited data, as of 1st October this year the profit earned by AB Bank SNORAS reached LTL 18.36 million. At the end of September this year, the assets of Bank SNORAS amounted to LTL 5.9 billion - by LTL 0.9 billion or 18 per cent more than on 1st October 2007. Bank SNORAS loan portfolio, which stood at LTL 3.5 billion as of 1st October 2008, grew by 66 per cent or by LTL 1.4 billion during the last twelve months.

Bank SNORAS loan portfolio for corporate clients grew by 84 per cent or LTL 1.1 billion during the last twelve months, and on 1st October this year it exceeded LTL 2.4 billion (on 1st October 2007 - LTL 1.3 billion). At the close of three quarters this year, the loan portfolio for the residents exceeded LTL 1.0 billion and was by 34 per cent greater than in the same period last year when this portfolio amounted to LTL 0.8 billion.

During the last twelve months, the portfolio of the residential deposits kept in Bank SNORAS increased more than by one-third (34 per cent) and on 1st October this year it stood at LTL 3.0 billion (on 1st October 2007 - LTL 2.2 billion). The general deposit portfolio of the bank exceeded LTL 4.3 billion at the end of September this year - 19 per cent more than in the same period last year when the general deposit portfolio reached LTL 3.7 billion.

During the first nine months this year, the turnover of Bank SNORAS payment cards amounted to LTL 3.8 billion and was by 20 per cent greater than in the same period last year. As of 1st October 2008, Bank SNORAS has provided its services to 1 million clients.

AB Bank SNORAS shareholders' property increased by LTL 39 million within the last 12 months (8 per cent growth) and amounted to LTL 493 million on 1st October this year.
AB bankas SNORAS
7 A.Vivulskio Str. LT-03221 Vilnius
Phone: + 370 5  232 7193
Fax: + 370 5  232 7300
E-mail: info@snoras.com
Toll free client line – + 370 800  27 272
 
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