Baltic: Luminor Bank’s annual net profit up 56% in 2023
The Baltic banking group, Luminor Bank, posted a pre-tax profit of EUR 273.2mn in 2023, which was up 92% from EUR 142.4mn in 2022, The Baltic Times reported. The Estonia-based group’s annual net profit amounted to EUR 194.7mn, which was up 56% from EUR 124.7mn a year earlier. Luminor attributed the sharp rise in profit…