TKB Ended First Quarter with Profit
OREANDA-NEWS. June 7,
In the first three months of 2012 TKB assets amounted to 289.92 million lats. At the end of the reporting period the amount of attracted deposits reached 236.37 million lats, and the bank’ s loan portfolio amounted to 97.23 million lats. In the first quarter of 2012 the bank showed a profit of 0.67 million lats, an increase of 47% over the corresponding period last year. TKB capital and reserves as at 31 March 2012 were 35.45 million lats, which is by 2% more than at the beginning of the year.
In the first months of 2012 TKB continued to provide its clients with a variety of opportunities for business development in the world regions with a high economic growth potential, and it actively continued to offer new products and solutions for capital management of clients, including investment and trust management services.
Along with the development of investment services, at the beginning of the year TKB began to offer its clients a new product - the electronic trading platform TKB TRADER. The electronic platform www.tkbtrader.com provides bank clients with even greater opportunities for trading in financial instruments and it is one of the most convenient solutions for individual investment portfolio management.