Bigbank’s loan portfolio grew by 59 million euros in July, with the total reaching 2.5 billion euros. Deposits also increased by 71 million euros, led by savings deposits. The net interest income remained stable, while credit quality improved. Net profit for July was 3.6 million euros, with a total of 22.3 million euros for the first seven months of the year. Personnel expenses increased due to team growth, while income tax expenses rose. Bigbank’s financial indicators for July include a 21% increase in customer deposits and loans received year-on-year, reaching 2.7 billion euros.
In July 2025, Bigbank’s total assets amounted to 3.1 billion euros, with equity of 284 million euros. Operating in nine countries, the bank serves over 175,000 active customers and employs more than 600 people. Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1. Net interest income and net allowance for expected credit losses for July 2024 were adjusted due to an identified error, reducing both by 1.7 million euros.
Read more at GlobeNewswire: Bigbank AS Results for July 2025
