Bank equity reached 3.05 LVL bil in 2017 in Latvia, according to the National Central Bank. This is 3.20 % more than in the previous year.
Historically, bank equity in Latvia reached an all time high of 3.15 LVL bil in 2015 and an all time low of 0.103 LVL bil in 1995. When compared to Latvia's main peers, bank equity in Belarus amounted to 89,776 BYR bil, 2.86 EUR bil in Estonia, 8.86 LTL bil in Lithuania and 8,185 RUB bil in Russia in 2017.
Latvia has been ranked 99th within the group of 111 countries we follow in terms of bank equity, 26 places behind the position seen 10 years ago.
Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.