LHV Group AS 2017 AR2
The report highlights AS LHV Group's strongest financial year in its history in 2017, characterized by record performance across all business volumes, strong customer growth, and the payment of dividends for the first time. The group achieved a consolidated net profit of EUR 22.2 million, representing a 17.6% return on equity. Key achievements included being the first bank in Estonia to introduce video identification, launching the Smart-ID authentication solution, and opening a branch in the United Kingdom to service financial technology companies. Additionally, LHV pension funds significantly increased local investments in Estonia by EUR 170 million.
Company: LHV Group AS
Sector: Finance & insurance
Country: Estonia
Year: 2017
Type: AR2
Pages: 112
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LHV Group AS
Consolidated Annual Report
The report highlights AS LHV Group's strongest financial year in its history in 2017, characterized by record performance across all business volumes, strong customer growth, and the payment of dividends for the first time. The group achieved a consolidated net profit of EUR 22.2 million, representing a 17.6% return on equity. Key achievements included being the first bank in Estonia to introduce video identification, launching the Smart-ID authentication solution, and opening a branch in the United Kingdom to service financial technology companies. Additionally, LHV pension funds significantly increased local investments in Estonia by EUR 170 million.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees