The bank’s income increased by 13 percent to EUR 18.2 million, net interest income grew by 13 percent to EUR 15.3 million, and net commission income by 11 percent to EUR 2.7 million, the bank announced on Thursday.
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“Our group’s economists predict further economic growth in Lithuania and Europe, although inflation remains high, especially in Lithuania. The increased domestic demand this half-year also boosted business revenues, which increased the volume of banking operations,” said branch manager Leda Iržikevičienė in the statement.
