Proven Group is reporting a net loss of US$2.6 million on net revenues of US$12.7 million during the quarter ended June 30.
The Group is also reporting total assets of US$1.1 billion and equity of US$109.6 million.
Proven says its net losses for the period can be attributed to a 24% dip in its net interest income.
This was due to higher finance charges on the country's debt, which offset improved spreads on its wealth management.
The group adds that it expects a gradual reduction in its funding costs during the short to medium term.
Fees and commissions income dipped by 13 per cent when compared to the corresponding period last year.
Fund management income however, rose by nine per cent.
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