Unibanka  retains  its leading position also in the lending to private

persons

Loans disbursed to private persons account for 64.4 million lats

     By  the end of July Unibanka had issued 64.4 million lats in loans

to  private individuals, ensuring stable leading positions for the Bank

also in this segment of the market. At the end of June Unibanka's share

in  loans  to private persons reached 21.6%. Unibanka is a noted leader

in  the  lending market in general - by the end of June the Bank's loan

portfolio was worth 513.568 million lats, which makes up 28 per cent of

the  total  lending  market  of  Latvia.  Of  the total loans issued to

private  individuals  38.7 million lats went to financing real property

acquisition.

Vice  President  of  Unibanka Ainārs Ozols said, "The dynamic growth of

private  persons'  lending  is  associated  with the overall upswing of

economic stability in the country, which gives an ever larger number of

customers  the  possibility to apply for loans. The growth is furthered

also by continual investments in information technologies and provision

of  high  quality  services to the Bank's customers. The taken measures

make  our  business procedures simpler and, business expanding, let the

customers enjoy quality services on very attractive conditions."

At the end of July the volume of Mortgage loans and Construction loans,

issued   by   Unibanka,   reached  28.6  million  lats.  Compared  with

end-of-the-year  results, when the share of the respective loans in the

Bank's  credit  portfolio was12. 5 million lats, in the seven months of

the  current  year  the share of newly issued Mortgage and Construction

loans  exceeded  16  million  lats.  The Mortgage and Construction loan

portfolio has grown by 128 per cent since the end of last year.

Head  of  the  Products  and  Marketing  Department,  Edmunds Simonovs,

stated,  "Starting with the spring months our Mortgage and Construction

loan  portfolio  has  been growing by roughly 2 million month on month,

but  in June the rise exceeded already 2.5 million lats. Each month the

Bank  views  more  than  200 loan applications, the purpose of which is

purchasing,  repairing  or building of real property. The statistically

average  decline  of  the credit volume points to the activation of the

real  property  market  outside  Riga,  where  real property prices are

lower.  Apart  from  that  these loans are more widely utilised for the

repairs  and  reconstruction of the owned property.  Upon these grounds

we  presume  that such a dynamic rate of growth will continue up to the

end  of  the  year.  Our  plans  in  real  property  lending  foresee a

corresponding  increase  of  the loan portfolio - to 35 million lats as

minimum.  If  the  steady  increase  of the price per 1 m² of the floor

space  goes  on, it is quite certain that loans issued for the building

of  new  houses  will  grow  fast in the Mortgage and Construction loan

market."

     Together  with  other  SEB  Group's banks in Lithuania and Estonia

Unibanka represents one of the more influential financial groups in the

Baltic region.

The Construction loan is a special type of mortgage loans, preferred by

customers,  who wish to build a new house. The future value of the real

property  is  pledged  as  a  loan  collateral.  When  the  building or

structure  is put into operation the construction loan is registered as

a Mortgage loan.

Additional information:

Andris Kalniņš, Product Development Officer - 7770279

Haralds  Burkovskis, Head of the Public Relations Dep. - 7215 601, 9411

630

<a href='http://www.unibanka.lv' target='_blank'>http://www.unibanka.lv</a>