Core Insights - LHV Group experienced significant growth in business volumes, loans, and deposits in August, with the consolidated loan portfolio increasing by EUR 165 million to EUR 5.2 billion and deposits rising by EUR 91 million to EUR 7.72 billion [1][7] - The company reported a consolidated net profit of EUR 7.9 million for August, with all subsidiaries contributing positively to this figure [2] - The number of clients for LHV Pank grew by 2,900, reaching a total of 479,000, with record highs in loan and deposit volumes [3] Loan and Deposit Performance - LHV Pank's loan volumes increased by EUR 108 million, reaching EUR 4.55 billion, while deposits rose by EUR 105 million to EUR 6.89 billion [3] - In the UK, LHV Bank's loan portfolio grew by EUR 56 million to EUR 642 million, with direct deposits increasing by EUR 13 million to EUR 33 million [4] Subsidiary Performance - AS LHV Pank earned EUR 7.4 million, LHV Bank Ltd EUR 0.1 million, AS LHV Kindlustus EUR 0.2 million, and AS LHV Varahaldus EUR 0.3 million in net profit [2] - LHV Kindlustus signed new insurance contracts worth EUR 2.6 million, with approximately 287,000 valid contracts as of the end of August [5] Fund Management - LHV Varahaldus funds showed positive returns, with larger funds increasing by 1.6% and 1.5%, while the LHV Pension Fund Index declined by 0.2% due to currency fluctuations [6] Financial Outlook - The financial plan for LHV Group remains unchanged, with loan growth exceeding expectations by EUR 163 million and deposit volume exceeding by EUR 461 million [7] - The ongoing decline in interest rates is negatively impacting profitability, with the eight-month net profit result EUR 0.5 million below the financial plan [7] Company Overview - LHV Group is the largest domestic financial group in Estonia, with key subsidiaries including LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited, serving a total of 479,000 banking clients [9]