The losses of the banking group Norvik in the first quarter of this year reached 13.903 million euros.


The assets of Norvik Bank as of March 31, 2018 amounted to 649.172 million euros – that is by 139,805 million euros (17.7%) less than at the end of 2017, when they amounted to 788.977 million euros.

The amount of deposits attracted by Norvik Bank in late March amounted to 543 million euros, the loan portfolio – 215.3 million euros.

In the first quarter, Norvik Bank continued to upgrade its customer service centers.

The capital adequacy ratio of Norvik Bank in the first quarter of 2018 was 14.77%, the liquidity indicator was 57.8%.

The profit of Norvik Bank in the first quarter of 2017 amounted to 1.478 million euros, the profit of their banking group was 1.518 million euros.

In terms of total assets at the end of 2017, Norvik Bank was ranked 7th among Latvian banks. The controlling stake in Norvik Bank belongs to Grigory Guselnikov.