Swedbank’s profit decreased by 15 percent this year, while revenue grew by 25 percent. | Business

The total income of Swedbank in three months reached 206 million. EUR – 25.6 percent. more (164 million euros), the bank reported on Thursday.

The bank’s net interest income was 166 million. euros – 31.7 percent. higher (126 million euros), net commission income – 30 million. euros – the same amount.

“Despite the remaining uncertain external circumstances, the demand for business and household financing remains high. In the first quarter of this year, the portfolio of business loans continued to grow”, said Inga Skisaker, head of Swedbank in Lithuania, in a statement.

The bank’s lending volumes increased by 14% in January-March: 6% were issued. more loans to residents – 5.5 billion euros – and 28 percent. – for business – 3.5 billion euros. The portfolio of loans with signs of loss was 46 million. euros.

Swedbank’s total loan portfolio reached 15.1 billion in the first quarter. EUR – 5 percent. more than a year ago, and the total deposit portfolio is 15 billion. EUR – 4.2 percent. more.

The deposit portfolio of business customers increased by 4 percent. up to 5.2 billion euros, 10 percent of the population. up to 2.7 billion euros. During the quarter, Swedbank paid 17.5 million to private clients. EUR interest.

The bank’s assets amounted to 18.3 billion at the end of March. euros and was 5.2 percent. higher than a year ago.

Swedbank announces that it will pay 45 million for the first quarter of this year. temporary solidarity fee of EUR.