In September, AS INDEXO Bank reached its highest monthly volume of newly issued loans – transactions worth €10.6 million were concluded in a single month, the majority of which were mortgage refinancing. As a result, INDEXO Bank’s total loan portfolio reached €35.8 million at the end of September, representing a 38% increase compared to the end of the previous month.
By the end of September, INDEXO Bank had 44.3 thousand clients – an increase of 2.2 thousand compared to the end of August. The total volume of deposits stood at €55.6 million, and clients received €95.3 thousand in interest payments during the month.
“INDEXO Bank continues to grow rapidly – in both September and August, the loan portfolio increased by more than a third, and the total volume of newly issued loans each month keeps reaching new highs. Moreover, the number of bank clients is growing steadily – by several thousand each month. We are also seeing increased client activity in bank accounts, which shows that customers are increasingly using INDEXO as their primary financial service provider,” said Jānis Mūrnieks, Member of the Management Board and Head of Development for the Retail Banking Segment of INDEXO Bank.
Meanwhile, the number of clients across the INDEXO Group’s pension management companies – including IPAS INDEXO, AS INDEXO Atklātais Pensiju Fonds, and IPAS VAIRO – reached approximately 157 thousand at the end of September, with total assets under management amounting to €1.5 billion.
