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[BUSINESS] · Latvia, Lithuania · 2 sources

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INDEXO Banka loan portfolio reaches 135 million euros

INDEXO Banka reported significant growth in its third quarter, with its loan portfolio reaching 134.8 million euros, a 29% increase compared to the previous period. The bank's client base grew by 10% to 69,800, while total deposits rose by 22% to 162.1 million euros.

In a strategic move toward corporate lending, the bank issued its first loan to a company on October 2, 2026. Chairman of the Board Valdis Siksnis stated that the bank intends to refine internal processes and IT systems to become an active service provider for Latvian enterprises.

Entities

European Investment Fund · INDEXO Banka · Kreda Group