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Swedbank Estonia managed to secure a net profit of €182mn for the first half of 2024, despite a minor drop in revenue, it said in a press release. Private customer loans increased by 4%, corporate loans saw an 8% rise and overall deposits grew by 7%. Private customers received new loans totalling €477mn, enterprises were granted loans amounting to €653mn. A €10mn decrease in income was primarily attributed to lower insurance and interest earnings. Net interest income fell by €3mn, influenced by higher deposit interest margins and lower loan margins. Net commission income dropped by €1mn due to…

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