The number of INDEXO Bank clients increased by 20% in February, and the loan portfolio grew by 83% 

In February of this year, AS INDEXO Bank maintained a rapid pace of development, increasing the number of clients by 4.8 thousand, reaching a total of 28.6 thousand. The volume of new loans issued this month reached 2.1 million euros, and the total loan portfolio at the end of the month was 4.2 million euros. Additionally, the volume of client deposits increased by 5 million euros during the month, reaching 42.8 million euros at the end of February. Interest on deposits paid to clients in February alone amounted to 86.6 thousand euros. 

“I am particularly proud that in February, our consumer loan portfolio grew by 1.9 million euros, setting a new monthly record, and the number of clients increased by 4.8 thousand, marking the second highest monthly increase since the bank’s inception,” said Valdis Siksnis, Chairman of the Management Board of AS INDEXO Bank. 

At the end of February, the number of INDEXO pension clients increased to 143.717, and assets under management was 1.38 billion euros.