Core Viewpoint - Artea Bank has successfully rebranded and aims to become the best bank in Lithuania by 2029, while continuing to increase financing volumes despite challenges from the ECB's monetary policy [1][2]. Financial Performance - In the first half of 2025, Artea Bank Group reported a net profit of €31.9 million, a decrease of 26% from the same period in 2024. Operating profit before impairment and income tax was €42.9 million, down 25% year-on-year [3]. - Net interest income fell by 15% to €68.4 million, while net fee and commission income increased by 10% to exceed €15.1 million [3][13]. - Total revenue decreased by 12% to €99.3 million, with total operating expenses rising by 2% to €56.4 million [13]. Loan Portfolio and Financing - The total loan portfolio grew by 5% (€159 million) to €3.7 billion in the second quarter, and by 7% (€235 million) since the beginning of the year [4]. - New loan agreements increased by 18% to €0.9 million in the first half of 2025 compared to the same period in 2024 [4]. - The quality of the loan portfolio remains strong, with provisions for loans stable at €4.3 million and a cost of risk ratio of 0.2% [5]. Customer Deposits - The customer deposit portfolio grew by 4% (€133 million) to exceed €3.5 billion, with demand deposits increasing by 14% (€229 million) [6]. Business Segments Overview - In the corporate client segment, new business financing agreements rose by 18% to €0.5 billion, and the business loan portfolio grew by 7% (€120 million) to exceed €1.9 billion [7]. - The volume of new mortgages surged by 69% to €162 million, while the housing loan portfolio grew by 10% (€96 million) to exceed €1 billion [9]. - Artea Bank strengthened its position in the bond issue market, with bonds issued on behalf of corporate clients exceeding €130 million [10]. Asset Management - Artea Asset Management leads in managing second and third pillar pension and investment funds, with €177 million in third-pillar pension funds, representing 40% of the market [11]. - The second-pillar pension funds managed by Artea have nearly €1.2 billion in assets and have performed well compared to competitors [12].