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February 09, 2016 6:08 PM ET

Banks

Company Overview of AS DNB banka

Company Overview

AS DNB banka provides various banking and financial services to individual, small and medium enterprise, and corporate customers in the Republic of Latvia. It offers various deposit products, including term and demand deposits, savings accounts, and open term deposits. The company also provides loans, such as home loans; loans for renovation and improvements of homes, as well as renovation of apartment buildings; loans for the purchase of household equipment, payment for medical services, purchase of a car, travel, tuition fees, etc.; loans for the purchasing real estate or other property for business operations; loans for purchasing capital shares or stocks, or investing in a company’s equi...

Skanstes Street 12

Riga,  1013

Latvia

Founded in 1989

722 Employees

Phone:

371 67 17 1880

Fax:

371 67 32 3449

Key Executives for AS DNB banka

Chairman of The Management Board and Chief Executive Officer
Chief Financial Officer
Chief Risk Officer, Vice President and Member of Management Board
Head of Corporate Banking, Vice-President and Member of Management Board
Vice President and Member of Management Board
Compensation as of Fiscal Year 2015.

AS DNB banka Key Developments

DNB banka Announces Earnings Results for the First Nine Months of 2015

DNB banka announced earnings results for the first nine months of 2015. For the period, the company's operating profit reached EUR 14.1 million. The net profit is close to the operating profit, reaching EUR 13.4 million. The level of profit was achieved due to the increasing activity of DNB clients in using the financial products and services offered by the bank, as well as the bank’s continuous efforts to improve efficiency and reduce administrative costs.

DNB Banka Reports Earnings Results for the First Half ended June 2015

DNB Banka reported earnings results for the first half ended June 2015. The company's profit in the first half of 2015 was EUR 8.049 million or 12% less than in January - June last year.

DNB Banka Group Reports Earnings Results for the Second Quarter and Six Months of 2015

DNB Banka group reported earnings results for the second quarter and six months of 2015. For the quarter, the group's profit in the second quarter of this year was EUR 4 million, or about as much as in the first quarter of 2015. For the six months, the company earned a profit of EUR 8.1 million in the first six months of 2015, which is 10% less than in the respective period last year. In the first six months of 2014, the group reported a profit of EUR 9 million, recovering from a loss incurred in the first half of 2013.

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