OREANDA-NEWS. August 06, 2008. During the first half 2008 Ukio bankas Group has earned LTL 53.7 million of net unaudited profit which is 20 percent more compared to the same period in 2007 (LTL 44.9 million), reported the press-centre of Ukio bankas Group.

“First half-year results reflect the growth of Ukio bankas Group. Qualitative growth and geographical expansion as well as the planned growth of Ukio bankas rendered attractive Ukio bankas Group financial results. We expect to retain the present growth rate of Ukio bankas Group during the second half-year as well: we will continue developing financially beneficial solutions for our present and future clients. We analyze the market and offer financial services relevant to our clients,” said chairwoman of Ukio bankas Board Edita Karpaviciene.

Ukio bankas Group assets have grown by LTL 183 million during the first half-year 2008, i. e. by 4 percent and on 30 June 2008 amounted to LTL 4.51 billion. During six months 2008 Ukio bankas Group deposit and LC portfolio grew by 7 percent from LTL 2.73 to 2.94 billion, the net value of the Group’s lease and loan portfolio grew by 13 percent up to LTL 2.42 billion.

In addition to Ukio bankas, Ukio bankas Group owns subsidiaries Ukio banko investiciju valdymas, Ukio banko rizikos kapitalo valdymas, Bonum Publicum and Ukio banko lizingas, which owns 100 percent of RAB Ukio bank lizing (Ukraine) shares.