{"id":43712,"date":"2025-09-03T09:33:11","date_gmt":"2025-09-03T06:33:11","guid":{"rendered":"https:\/\/indexo.lv\/?post_type=zinas&#038;p=43712"},"modified":"2025-09-03T16:17:45","modified_gmt":"2025-09-03T13:17:45","slug":"indexo-banks-loan-portfolio-grows-by-38-in-august","status":"publish","type":"zinas","link":"https:\/\/indexo.lv\/en\/zinas\/indexo-banks-loan-portfolio-grows-by-38-in-august\/","title":{"rendered":"INDEXO Bank&#8217;s loan portfolio grows by 38% in August"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>AS INDEXO Bank continued its rapid loan portfolio expansion in August, issuing \u20ac7.8 million in new loans during the month, the majority of which were mortgage refinancing. By the end of August, the bank\u2019s loan portfolio had reached \u20ac26 million \u2013 an increase of 38% compared to the end of July.&nbsp;<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">By the end of August, INDEXO Bank\u2019s customer base had grown to 42.1 thousand, which is 2,200 more than at the end of July. The volume of deposits at the end of August stood at \u20ac52.4 million, and customers received \u20ac94.6 thousand in interest payments during the month.\u00a0<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWhen INDEXO Bank was founded, we saw the passivity of competitors in lending as a major opportunity. Today, we see proof that this was indeed the case \u2013 over the past two months, we\u2019ve more than doubled the volume of loans issued and are processing new loan applications from customers every day. This confirms the validity of our strategy, and we see that as our customer base and deposit volume grow, our overall banking operations \u2013 especially lending \u2013 are accelerating. There is still unmet demand for lending services in Latvia, and we will continue to actively seek ways to offer suitable solutions,\u201d says J\u0101nis M\u016brnieks, Member of the Management Board of INDEXO Bank and Head of Development for the Retail Banking Segment.&nbsp;<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, the pension management company IPAS INDEXO had nearly 145 thousand pension clients at the end of August, with assets under management exceeding \u20ac1.4 billion.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AS INDEXO Bank continued its rapid loan portfolio expansion in August, issuing \u20ac7.8 million in new loans during the month, the majority of which were mortgage refinancing. By the end of August, the bank\u2019s loan portfolio had reached \u20ac26 million \u2013 an increase of 38% compared to the end of July.&nbsp; By the end of [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":40667,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-43712","zinas","type-zinas","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/zinas\/43712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/zinas"}],"about":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/types\/zinas"}],"author":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/comments?post=43712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/media\/40667"}],"wp:attachment":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/media?parent=43712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}