The profit of Lithuanian credit unions grew by 62% in the first half of the year to 8.1 million euros

The profit of Lithuanian credit unions grew by 62% in the first half of the year to 8.1 million euros

According to him, 52 profitable unions earned a profit of 8.5 million euros, while six experienced a loss of 0.3 million euros.

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According to the report, the overall profit increase was driven by a 14.7% rise in net interest income to 28.8 million euros and a decrease in loan costs.

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Translated from

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