2024-05-22 03:49:01
SEB, one of many largest banks working in Lithuania, calculates that in 2023 its revenue reached 299.1 million. euros. In the meantime, in 2022, the revenue was virtually 172.3 million. euros.
Many of the earnings got here from enterprise prospects. Revenue progress reaches 74 %.
“The largest affect on the financial institution’s monetary outcomes was the exercise of enterprise prospects and residents, rising enterprise volumes and elevated web curiosity revenue because of the European Central Financial institution’s financial coverage,” says the financial institution’s head, Sonata Gutauskaitė-Bubnelienė, in a press launch.
Effectively, the curiosity attributable to the ECB bore its fruit, because the loans granted to residents for the acquisition of housing decreased by as a lot as 24 %.
SEB financial institution’s belongings elevated by 4.5 % through the 12 months. as much as 13.9 billion EUR, fairness – 21.5 %. to 1.217 billion euros.
Swedbank‘s revenue elevated much more
In the meantime, the opposite financial institution can take pleasure in much more elevated earnings.
Swedbank proclaims that its revenue has elevated by as a lot as 152 %. and reaches 361 million in 2022. was simply 143 million euros. Though the revenue in numbers is decrease than that of SEB financial institution, the expansion is nearly twice as excessive.
Swedbank claims that such good monetary indicators had been achieved because of excessive buyer exercise, the ECB’s financial coverage and different causes.
Over the last 12 months, the financial institution paid virtually 130 million to the state. solidarity price of EUR.
Banks elevate taxes on residents
Though the banks allotted a part of the revenue to the solidarity tax, it’s apparent that this tax didn’t trigger them a big loss. It’s estimated that the banks contributed 250 million to the nation’s finances in complete. euros.
True, skeptics mentioned that the financial institution solidarity tax is not going to be paid by the banks – they won’t hurt themselves, so the tax might be paid by the residents and financial institution customers. How? After growing the charges of financial institution companies. That appears to be precisely what occurred.
This is similar SEB, which calculates a revenue of half a billion euros, introduced that it’ll improve the bank card price for peculiar customers.
“We’ll change the utilization price for Mastercard Commonplace and Mastercard Gold bank cards to 2 EUR/month. and 4.5 EUR/month. respectively (it was 1.6 EUR/month and three.5 EUR/month respectively). We’ll change the speed of debit card money withdrawals from SEB bankas and different Lithuanian and overseas financial institution ATMs to 2%. (a minimum of EUR 1) from the withdrawn quantity (it was 0.8 %, a minimum of EUR 1)”, writes SEB financial institution.
Effectively, and in order that the residents don’t get too free and don’t withdraw too giant quantities from the financial institution at one time, the financial institution will scale back the utmost day by day debit card settlement restrict to fifteen,000. EUR (it was EUR 30 thousand).
One other financial institution, Luminor, isn’t shy about value modifications both. Again in November final 12 months, he additionally despatched letters to prospects saying that he was elevating costs. It is as a result of that is what their rivals are doing.
“We’ll change the price for the service “Saugu+” to 0.99 EUR/month. (beforehand it was EUR 0.79/month). We’ll begin making use of a brand new price for card supply by mail – 2 euros.
We will even apply a price for every card transaction, if cryptocurrency or a service associated to playing and lotteries is bought – 0.50 euros (this price has additionally not existed till now). Any further, the price for visiting the airport’s VIP lounge space is 30 euros per particular person (beforehand it was 28 euros).
After terminating the enterprise relationship, we are going to begin charging a price for the administration of the funds within the closed account – 20 EUR/month,” the financial institution knowledgeable in regards to the modifications.
2024-05-22 03:49:01