Skip to main content

LHV Group results for January 2020

Written by Customer Service on . Posted in Public Companies.

In January, AS LHV Group earned a consolidated net profit of EUR 3.5 million. AS LHV Pank earned EUR 3.2 million and AS LHV Varahaldus EUR 0.4 million.The most important events of the active month included opening real-time pound payments to the bank’s fintech customers, affirmation of the bank’s investment-grade credit rating Baa1 by Moody’s, adding new locations to LHV’s ATM network and reaching 10,000 customers for the popular Growth Account investment product. In a month the bank received 4900 new customers. By the end of January, business loan portfolio grew by EUR 42 million and private loans by EUR 11 million. Deposits increased by EUR 95 million.AS LHV Group reports are available at https://investor.lhv.ee/en/reports.LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank and LHV Varahaldus. LHV employs over 440 people, and more than 207,000 customers use LHV’s banking services. Pension funds managed by LHV have over 176,000 active clients.
Priit Rum
Communication Manager
Phone: +372 502 0786
Email: priit.rum@lhv.ee AttachmentLHV Group 2020-01 EN

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.