Latvian monetary financial institutions report EUR 93 million in eight-month profit

Leta | Sep 28, 2020 at 6:05 PM
  • As at August 31, 2020, the aggregate assets of the Latvian monetary financial institutions stood at EUR 22.379 billion, up 3.9 percent or EUR 840.1 million against the end of August 2019 when their aggregate assets were worth EUR 21.539 billion.
  • The balance of loans issued to residents by the Latvian monetary financial institutions was EUR 11.404 billion in late August 2020, down 5.3 percent year-on-year.
  • This included EUR 11.265 billion in euro-denominated loans issued to residents, down 4.9 percent year-on-year, and EUR 138.9 million worth of loans in foreign currencies, down 32.3 percent.