Skip to main content

LPB Bank financial results of 2020

LPB Bank

Despite the serious global challenges posed by the pandemic to the country's economy and financial sector, we are pleased with the financial results of 2020.

Undoubtedly, COVID-19 left some traces in the performance of LPB Bank, but the most important financial and efficiency indicators are at a good and stable level due to the development strategy chosen by the Bank, namely, the provision and development of ecommerce services and the successful development of business relations with FinTech companies.

“Of course, the pandemic has become a serious challenge for many companies, but we clearly see that COVID-19 has given some of our customers the opportunity to develop new business ideas or modernize an existing range of services. We are satisfied that more and more new companies have decided to use the e-commerce services offered by the Bank and reorient their business to online sales”, comments Robert Christian Schoepf, Chairman of the Board of LPB Bank.

We invite you to get acquainted with LPB Bank financial results of 2020: