Latvian monetary financial institutions report EUR 127.5 million in H1 profit

Published date28 July 2022
Publication titleLETA

RIGA, July 28 (LETA) - Latvian monetary financial institutions (mainly banks) earned EUR 127.5 million in aggregate profit in the first six months of 2022, which is an increase of 6 percent against the respective period in 2021, the Bank of Latvia reports.

In June, the monetary financial institutions' profit was EUR 8.7 million.

s at June 30, 2022, the aggregate assets of the Latvian monetary financial institutions stood at EUR 25.277 billion, up 4.4 percent or EUR 1.065 billion against the end of June 2021...

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