According to the date of the Association of Commercial banks of Latvia, this year during the first quarter there have been changes in three largest banks according to asset amount.
Swedbank with assets in the amount of 3.47 billion lats still remains the largest bank. During a year the amount of its asses has decreased by 4.1%. The second largest bank is SEB bank with assets in the amount of 2.7 billion lats, within a year the amount of assets has grew by 3.3%.
While the changes occurred on the third place. During a year the amount of assets of ABLV has grew by 22.1%, achieving 2.376 billion lats, thus ousting from the top three Nordea Bank Finland Latvian branch, the amount of assets of which during a year grew by 4.7%.
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