SEB Bankas remained the largest bank with assets worth 24.852 billion litas at the end of January, up 20.3 percent from late January 2011, data from the Lithuanian Banks’ Association showed on Tuesday.
Swedbank was in second position with assets of 17.56 billion litas (up 1.2 pct) and DNB Bankas was third with 10.925 billion litas (down 4.8 pct).
The total loan portfolio contracted by 4.702 billion litas, or 8.1 percent, in last twelve months, to reach 53.478 billion litas at the end of January. The portfolio of loans to private companies contracted by 3.057 billion litas, or 10.9 percent, to 24.996 billion litas, and the portfolio of loans to private individuals shrank by 1.456 billion litas, or 5.9 percent, to 23.344 billion litas.
SEB Bankas had the largest total loan portfolio of 16.139 billion litas at the end of January (up 0.2 pct y-o-y) followed by Swedbank with 11.597 billion litas (down 2.3 pct) and DNB Bankas with 8.771 billion litas (down 7.2 pct).
Bank deposits totaled 42.193 billion litas at the end of January, down 2.692 billion litas, or 6 percent, from the end of January 2011. Private individuals’ deposits shrank by 874.47 million litas, or 3.4 percent, to 24.758 billion litas, and the deposits of private companies rose by 377.105 million litas, or 2.9 percent, to 13.311 billion litas.
Swedbank held the biggest overall deposit portfolio of 12.9 billion litas at the end of January (up 4.1 pct y-o-y). The bank also ranked number one in terms of private individuals’ deposits, at 8.821 billion litas (up 6.1 pct y-o-y).
SEB’s overall deposit portfolio widened by 29.9 percent, year-on-year, to 12.343 billion litas at the end of January, with private companies’ deposits up by 16 percent, to 4.007 billion litas, and private individuals’ deposits up by 39.5 percent, to 7.366 billion litas.
