Report
Shana Gavron

LHV Institutional Baltic Insight

Please find attached today's edition of the Baltic Insight.
* DelfinGroup (DGR1R LR) Q3 2022 Results Review: Business growth is in line with expectations but credit loss expense pressuring profitability
* Please also refer to the tables in the attachment.
Underlying
DELFINGROUP AS

Provider
LHV PANK
LHV PANK

LHV Bank is an independent pan-Baltic bank, based on Estonian capital. The company was founded in 1999 by two founders of Hansapank (today’s Swedbank in the Baltics) and has been offering a full range of investment services for 15 years. In May 2009, LHV received a credit institution licence allowing it to provide all banking services.

The head office is situated in Tallinn, Estonia. Cross-border services are offered in Vilnius, Lithuania and in Riga, Latvia. LHV provides brokerage (institutional and retail), asset management, banking and capital markets services. Compared to other banks, we are more innovative and have more solid experience in investment and entrepreneurship.

The Bank, together with the Group asset management company employs over 320 people. LHV Group shares are listed on Nasdaq Tallinn.

Analysts
Shana Gavron

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