Performance of "TRASTA KOMERCBANKA" in 2005



In 2005 "Trasta komercbanka" demonstrated active development, and the financial indicators testify to it. TKB finished the year with non-audited profit of 4.34 million lats. In 2005 the banka doubled its credit portfolio and increased the amount of loans granted to 28.18 million lats. The volume of capital and reserves last year amounted to 10.35 million lats and compared to 2004 grew by 77%. The volume of deposits with TKB amounted to 160.43 million lats but the asset volume grew to 194.61 million lats.

The Bank’s operation plan for 2006 focuses mainly on the improvement of investment services, issue of mortgage bonds and widening of choice of the deposit types available to customers. This year TKB is also planning to further the development of trade financing, offering broad possibilities of export and import operations for companies.

Julia Jurgele
Public relations specialist 


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