ELLA Bank financed Ft 36.6 billion of its outlays from outside sources, mostly with refinancing from a single mortgage bank and the rest from smaller bank loans. The bank's net interest revenue was Ft 2.04 billion in 2005, compared to Ft 470 million a year earlier. The stock of deposits rose from Ft 6.7 billion to Ft 10.4 billion, and the stock of loans increased from Ft 10.8 billion to Ft 43.4 billion. The bank had signed about 11,500 loan contracts by the end of 2005.
ELLA Bank said in November it would complete a Ft 12 billion bond issue targeted at institutional investors in the following twelve months to finance its mortgage lending. Mortgage Holdings, a subsidiary of Emerging Europe Capital Investors (EECI), owns 90.25% of the bank's registered capital of Ft 2 billion, and 9.75% is owned by First Home Loan Kft.