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Bank BIGBANK loan portfolio growth was steady all year round

According to unaudited financial results of the year of 2011, BIGBANK AS Lithuanian branch's loan portfolio at the end of the year reached 67 mln. Lt, i.e. during 2011 it increased by 17,7 %.
According to unaudited financial results of the year of 2011, BIGBANK AS Lithuanian branch's loan portfolio at the end of the year reached 67 mln. Lt, i.e. during 2011 it increased by 17,7 %.
BIGBANK AS Lithuanian branch total assets during the year increased to 69,4 mln. Lt, i.e. 3% increase in comparison with 2010 year's number. The branch's interest income at the end of 2011 amounted to 18,2 mln. Lt showing 4,2 % growth compared to the last year. The fourth quarter ended with a loss of 0,592 mln. Lt.
„Although statistically the general country's commercial bank's loan portfolio decreased by 1,4 %, while loan portfolio given specifically for private persons shrank almost 15 %, however BIGBANK's results were not affected by that – all year round we were growing steadily with traditionally best results during the last quarter of the year", – said the head of BIGBANK Rolandas Norvilas.
In 2011 bank BIGBANK introduced credits for small and medium-sized businesses, as well as – Uno consumer lease service. A lot of attention was given to the conservative credit policy. Expanding the network of partners the bank BIGBANK began offering courier services, which now allows to use bank's services without leaving home.
BIGBANK AS is one of the biggest banks in the Baltic countries, specializing in consumer financing. BIGBANK also provides time deposits for private persons, credits for SME type of companies and UNO consumer lease service. BIGBANK group has 30 customer services in the Baltic countries, Finland and Spain. Austria, Germany and Netherlands provide international BIGBANK (called "cross border") fixed-term deposit services.

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