OREANDA-NEWS. November 11, 2011. In accordance with non-audited data, during the third quarter of 2011 Ukio bankas Group earned LTL 744 thousand in net profit and achieved a positive performance result since the beginning of the year, i.e. during nine months of 2011 it earned LTL 131 thousand in net profit, reported the press-centre of Ukio bankas.    

During the third quarter of 2011 Ukio bankas also operated profitably and earned LTL 284 thousand in net profit. The third-quarter profit reduced the loss sustained at the beginning of the year: Ukio bankas nine-months performance result is a net loss of LTL 4.96 million.

“The tendencies of the third quarter of this year establish a positive activity direction – both Ukio bankas and the Group operated with profits for a second quarter in a row. With net interest income growing for a sixth quarter in row already, income from the main activities was also growing and Ukio bankas Group achieved a positive performance result since the beginning of the year”, Gintaras Ugianskis, Chairman of Ukio bankas Board, said.

Apart from Ukio bankas, Ukio bankas Group holds the subsidiaries Ukio banko lizingas, Ukio banko investiciju valdymas, Ukio banko rizikos kapitalo valdymas, Investicinio turto valdymas, Bonum Publicum, Turto valdymo paslaugos, Trade Project, and Eastern Europe Development Fund. UAB Ukio banko rizikos kapitalo valdymas owns a 100 per cent interest in RAB Ukio bank lizing.