Hansa Capital Group's net profit totalled 43.8m euros and financial investments reached 1,172m euros in 2002.
Hansapank said the group sustained its leading position in factoring, leasing and consumer finance markets of all Baltic countries with a factoring portfolio of 147.4m euros, a leasing portfolio of 943.8m euros and a loan portfolio of 29.2m euros at the end of the year. Assignments formed 4.6m and small-scale financing, 47.2m euros.
The group's total assets increased by 368m euros or 31.2 per cent to 1.55bn euros during 2002.
The year 2002 was very successful for the group, Hansapank said. Of the record high net income, 73.7 per cent was earned in Estonia, 14.6 per cent in Lithuania, 10.3 per cent in Latvia, and 1.4 per cent in other regions.
