According to the audited financial results of Balti Investeeringute Grupi Pank (BIG), the volume of loans issued to clients of the group grew by 102% in 2005, reaching 473.7 million kroons at the end of the year.

BIG's balance sheet total increased during that period by 102% as well, comprising 561.4 million kroons as of the end of the year. In 2004 BIG's balance sheet total was 276.5 million kroons.

The volume of the debt securities issued by BIG reached 295 million kroons at the end of the year, comprising 53% of the group's balance sheet total and 70% of the involved extraneous resources.

In 2005 BIG earned 63.3 million kroons in profit - 30.4 million kroons more than in 2004.

According to the assessment made by Targo Raus, Chairman of the Board of BIG, the group's growth was facilitated by the following factors: continuing general and rapid economic growth, positive reaction of consumers to economic developments, branch network expansion and active marketing. A comparable increase in volumes was observed for BIG's Latvian subsidiary, AS Baltijas Izaugsmes Grupa.

The most important economic event for BIG in 2005 took place in late September when the enterprise obtained a credit institution licence, which ensures additional supervision of the enterprise's activities and raises the level of its financial reliability. In September of 2005 the share capital of BIG was increased by 72.816 million kroons to 80 million kroons to ensure its compliance with the capital requirements for credit institutions.

During 2005 BIG opened four new branches in Estonia. As of the end of that year, BIG had a total of 11 branches in Estonia and 3 branches in Latvia.

The Baltic Investment Group Bank (BIG) is the youngest bank based on Estonian capital and the largest specialist lender to private clients in the Baltic States after universal banks and leasing companies. In March of 2006 BIG expanded its product portfolio and launched, as a service in addition to loans for its clients, short-term deposits with an interest rate of up to 4% per annum - one of the highest interest rates in Estonia.

BIG's goal is to provide both private and business clients with fast, attentive and flexible financial services. BIG currently has 119 employees.

BIG's debt securities are listed on the Tallinn Stock Exchange.

Additional information:

Targo Raus
Chairman of the Board
Phone: 6309 938