The Aizkraukles Banka financial results as of 30 November 2010 have been summarized. As of the end of November, the amount of the bank’s assets reached LVL 1.4 billion. Since the beginning of the year, it has grown by 34%.
Press Releases
AB.LV performance in Q3 2010
Aizkraukles Banka financial results for Q3 2010 have been summarized. Likewise the first two quarters of 2010, in the third quarter the bank’s business continued to grow in most important areas of operations – providing services to private and corporate customers, asset management, securities transactions, and lending to corporate customers.
Aizkraukles Banka sells small part of its mortgage loan portfolio to Nordea Banka
AS Aizkraukles Banka has entered into agreement with Latvian branch of Nordea Bank Finland Plc on assigning rights of claim under 55 mortgage loans. The total deal amount is about LVL 4.2 million, i.e. approximately 1% of the bank’s current mortgage loan portfolio. Compare: during 2009, the bank’s mortgage loan portfolio has been decreased by LVL 22.88 million, i.e. 5%.
Aizkraukles Banka financial performance in October 2010
The Aizkraukles Banka financial results as of 31 October 2010 have been summarized.
Latvian court protects bank secrecy: Aizkraukles Banka claim for cancelling request of the State Revenue Service has been upheld
On 28 October 2010,
Private equity fund established by Aizkraukles Banka purchased Grindeks shares
AB.LV Private Equity Fund 2010 purchased 1 090 844 shares of Grindeks public issue from Russian company Pharmstandard. The purchased shares ensure voting rights equal to 11.38% of the share capital, and the fund is going to use those rights directly and independently.
Aizkraukles Banka financial performance in September 2010
The Aizkraukles Banka financial results as of 30 September 2010 have been summarized.
Another issue of Aizkraukles Banka subordinated bonds completed
8 September this year was the closing date for submitting applications for purchasing subordinated bonds issued under third Aizkraukles Banka (AB.LV) emission. Yesterday (15 September), settlement under the bond purchase has been performed. The applications received exceeded the bond issue amount by 16%. The bonds have been purchased both by individuals and corporate entities.
Aizkraukles Banka financial performance in August 2010
The Aizkraukles Banka financial results as of 31 August 2010 have been summarized.
Aizkraukles Banka supports 52 pupils from Dundaga and Kocēni municipalities on their way to school
Within the framework of the charity campaign “Schoolbag”, on 2 September 27 junior schoolchildren in Dundaga municipality and on 3 September 25 junior schoolchildren in Kocēni municipality received gift certificates, worth 25 lats each, for buying school goods.
