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In the first quarter of 2025, Bigbank reported a net profit of 9.8 million euros. The bank’s gross loan portfolio grew to a record 2.3 billion euros, while the growth in deposits was driven by a 12% increase in the savings deposit portfolio, reaching 1.14 billion euros. According to Martin Länts, Chairman of the Management Board of Bigbank, the bank maintained strong growth across all key areas in the first quarter of 2025. “Bigbank’s loan portfolio reached a record 2.3 billion euros, with continued growth across the business, home, and consumer loan segments. Particularly encouraging is the significant increase in ...
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Bigbank's recently published unaudited financial results for the fourth quarter and full year of 2024 indicate that the past year was a period of growth and business expansion. The bank's loan portfolio grew to 2.2 billion euros (+32%), while its deposit portfolio reached 2.4 billion euros (+24%). At the same time, unaudited annual profit decreased by 20%, amounting to 32.3 million euros. According to Bigbank’s CEO Martin Länts, the bank continued its strategic growth in 2024, focusing on expanding its loan and deposit portfolio and developing everyday banking services. “One of the most significant achievements of the year was integration ...
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The first quarter results of Bigbank that operates on nine markets were marked by both growth of the loan portfolio and the deposit volume as well as growth of the balance sheet volume to a record 2.5 billion euros. The Group’s profit for the quarter was 6.4 million euros. Martin Länts, chairman of the management board of Bigbank, said that Bigbank’s profit for the first quarter was by 3.2 million euros lower than compared to the previous year. “The largest impact was due to increased credit loss allowances on loans, personnel expenses, the cost of the deposit guarantee fund, as ...
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