During the first half of 2015, 15 Latvian and 5 foreign banks operated profitably. The banks' assets in Latvia were at 96.1% of the total of the sector.
According to information from the FKTK, the total sum of deposits has reduced by 1.2% or €271 mln.
Residents' deposits grew by 0.6% or €61 mln, which was mainly due to deposits from households and non-financial associations, while non-residents' deposits shrank by 2.7% or €332 mln.
The total sum of banking assets shrank by 0.8% or €243 mln in the last month, decreasing to €31.4 bln in late June.
The total credit portfolio shrank by 0.7% in the last month. The household portfolio of residents of Latvia shrank by 0.6% vs. 3% for non-residents.
