Information of Performance Results of Aizkraukles Banka in November

December 15, 2003 / Banking

11-months Profits of Aizkraukles Banka are 5.75 million Lats

The eleven months of operations in 2003 were accomplished by Aizkraukles Banka (AB.LV) with the profits equal to 5 755 139 lats. Compared to the respective period of the previous year, the profits have augmented by 57.97% or 2 112 061 lats.

Volume of Assets of Aizkraukles Banka Increasing

The volume of assets of Aizkraukles Banka (AB.LV) was 250 087 521 lats as of the end of this November, which was 52.57% more than during the same period last year and 41.48% more than as of the beginning of the year 2003.

Volume of Deposits with Aizkraukles Banka Increases

Whereas, the volumes of deposits with Aizkraukles Banka (AB.LV) have reached 210 445 251 lats over the eleven months of this year, that being 59.39% more than as of November 2002.

Lending by Aizkraukles Banka Boosted by 56.4%

The aggregate of loans granted by Aizkraukles Banka (AB.LV) over the period of 11 months of this year has, this November, increased by 56.36% compared with the respective period of the previous year, having reached 61 290 780 lats.

Aizkraukles Banka (AB.LV) is one the six leading commercial banks in Latvia specialised in lending. The bank is expanding its operations both in the Latvian and foreign markets, offering to its clients a wide range of financial services.