{"id":42828,"date":"2025-08-04T16:27:43","date_gmt":"2025-08-04T13:27:43","guid":{"rendered":"https:\/\/staging.indexo.lv\/?post_type=zinas&#038;p=42828"},"modified":"2025-08-04T16:27:49","modified_gmt":"2025-08-04T13:27:49","slug":"indexo-banks-loan-portfolio-grows-by-54-in-july","status":"publish","type":"zinas","link":"https:\/\/staging.indexo.lv\/en\/zinas\/indexo-banks-loan-portfolio-grows-by-54-in-july\/","title":{"rendered":"INDEXO Bank&#8217;s loan portfolio grows by 54% in July"},"content":{"rendered":"\n<p class=\"has-medium-font-size\"><strong>AS INDEXO Bank achieved its fastest loan portfolio growth since the bank began operations in July \u2013 issuing \u20ac7 million in new loans during the month. Of this amount, \u20ac3.3 million were new consumer loans, and \u20ac3.7 million were refinanced mortgage loans. As a result, the bank\u2019s loan portfolio grew by 54% in July, reaching \u20ac18.8 million by the end of the month.&nbsp;<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">By the end of July, INDEXO Bank\u2019s customer base had increased to 39.9 thousand \u2013 an increase of 2.6 thousand compared to the end of June. The total amount of client deposits reached \u20ac49.9 million, and clients received \u20ac90 thousand in interest payments during the month.&nbsp;<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u201cWe see that interest in mortgage refinancing remains strong \u2013 currently, loans are being actively issued following the completion of necessary formalities, which takes time. In July, we signed mortgage loan agreements totaling \u20ac3.7 million, and by the end of the month, refinancing deals amounting to \u20ac42 million were at various stages of progress. This confirms that Latvian residents are actively seeking better terms and choosing INDEXO. Each refinanced loan \u2013 or even just a proposal from us \u2013 prompts other banks to react and reconsider the rates previously applied to customers. This increased competition has a positive impact on household budgets across Latvia, and we will continue to drive this dynamic,\u201d says J\u0101nis M\u016brnieks, Member of the Management Board and Head of Retail Banking at INDEXO Bank.&nbsp;<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">Meanwhile, the pension management company IPAS INDEXO had nearly 145 thousand pension clients by the end of July, with assets under management increasing to more than \u20ac1.4 billion.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AS INDEXO Bank achieved its fastest loan portfolio growth since the bank began operations in July \u2013 issuing \u20ac7 million in new loans during the month. Of this amount, \u20ac3.3 million were new consumer loans, and \u20ac3.7 million were refinanced mortgage loans. As a result, the bank\u2019s loan portfolio grew by 54% in July, reaching [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":42826,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-42828","zinas","type-zinas","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/zinas\/42828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/zinas"}],"about":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/types\/zinas"}],"author":[{"embeddable":true,"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/comments?post=42828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/media\/42826"}],"wp:attachment":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/media?parent=42828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}