EE: UniCredit Baltics records EUR 0.5mn net profit in Q2.

By bne IntelliNews August 7, 2012
Baltics subsidiary of the Italian banking group UniCredit recorded net profit of EUR 0.5mn in Q2. In Q2/11 the net profit stood at LTL 2.3mn. Loans portfolio of the bank in the Baltic States stood at EUR 612.9mn as of end-Q2, down by 6% y/y. Deposits portfolio of the UniCredit Baltics amounted to EUR 312.9mn, down by 7% y/y. UniCredit has 8 offices in the Baltic States, same amount as a year ago.
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