BALTIC TRUST BANK                                              09.12.2005

 

JSC “BALTIC TRUST BANK” balance sheet as at the end of November 30st, 2005, in lats



	                                       30.11.2005	31.12.2004

Cash and placements with Bank of Latvia	      36,028,883	21,934,000

Placements with other banks 	                55,209,313	76,018,180

Loans and advances to customers	                84,534,567	70,683,951

Fixed income securities	                         12,023,623	12,889,313

Shares and other non-fixed income stocks	      2,706,694	573,328

Derivatives	                                    59,659	20,556

Investments in subsidiaries	                      5,882,582	2,129,240

Non-tangible assets	                       1,155,220	971,630

Fixed assets	                                 6,319,052	6,207,756

Other assets	                                 1,219,118	1,071,056

Total assets	                               205,138,711	192,499,010

Other banks deposits	                      16,263,602	15,373,806

Deposits	                                    147,415,230	151,769,108

Debt securities	                                11,672,412	1,951,400

Derivatives	                                    55,596	26,589

Other liabilities	                             9,562,572	5,337,400

Subordinated liabilities	                    5,000,000	5,000,000

Capital and reserves	                        15,169,299	13,040,707

Total liabilities and capital	               205,138,711	192,499,010

Contingent liabilities  and commitments	       5,335,568	3,529,583

Liabilities to customers	                    3,071,586	3,257,103

Trust assets	                                   421,682	1,406,000

		

Net profit	                                 2,128,553	2,562,306





“Baltic Trust Bank” net assets reached 205 mln. Lats as at the end of 

November, which is the highest from the beginning of the year. The bank’s 

11 months’ profit exceeded 2.1 mln. Lats, which is already more than the 

annual plan. The increased results are based upon fees from clients accounts 

transactions, from payment cards services and profits from issued loans. The 

bank finished placement of its public mortgage bonds at Riga Stock Exchange 

in November, the total volume reached 12 mln. LVL. The funds received shall 

be used in further lending to Latvian enterprises and households. The bank 

plans to substantially increase its local depositors volume by the end of 

February, next year, actively promoting its product “Chrismas Deposit” with 

specially increased interest rates. The bank advises to deposit using its 

“Internet- bank” this year, and also with its newly opened Riga branch in 

trade center “Origo” from the 5th of December.





Chairman of the Board			 

Edgars Dubra