News and Reviews

This Year’s «Pride of Latvia» Awards Distributed

December 29, 2005 / Banking

On December 26, TV3 broadcast the «Pride of Latvia» ceremony, at which Golden Apple Tree statuettes were received by 10 individuals who had been selected by a special jury. The next day, the newspaper Diena published a special supplement to report on the stories of the award recipients. The paper also listed all of the nominees for the «Pride of Latvia» award.

First Art for the LMM Collection Selected

December 15, 2005 / Banking

With the help of an international council of experts, the Latvian Museum of Contemporary Art (LMM) has selected the first four artworks which will become a part of the museum’s collection. The purchase of the art is to be financed by Aizkraukles Banka, which is a leading supporter of the collection. The museum has also received its first gift of artworks.

The Book «Personalities and Democracy» has been Published

December 14, 2005 / Banking

Under the auspices of a project called «Personalities in Latvian Democracy», a book, «Personality and Democracy: A Methodological Resource for Latvian History», has been published in Latvian. It contains descriptions of key people in the establishment of democracy, tolerance and the rule of law in Latvia. The book is meant to be an educational resource during history, civil studies and other lessons, and it will be presented as a gift to all schools in Latvia.

Aizkraukles Banka continues expansion

October 3, 2005 / Banking

The profit being allocated for expansion of bank’s activity

AB.LV Will Donate LVL 1 Million to Modern Art Museum

October 3, 2005 / Banking

Agreement signed with Culture Ministry

Aizkraukles Banka Offers Down Payment Loan

August 10, 2005 / Banking

Aizkraukles Banka has announced a new credit line — the down payment loan. People can take out a loan of up to 10% of the value of the home that they are buying so that they can make the down payment. This is a loan that is perfect for people who have not saved up their money.

Aizkraukles Banka Earns Ls 6.8 Million

July 21, 2005 / Banking

Aizkraukles Banka Profits Up By 78%

Aizkraukles Banka — a Leading Corporate Income Taxpayer

June 21, 2005 / Banking

The Latvian State Revenue Service has declared that the stock company Aizkraukles Banka (AB.LV) was one of the 10 largest payers of the corporate income tax in 2004.

Aizkraukles Banka opens new client service centre

April 12, 2005 / Banking

New client service centre opened in the fastest-growing district of Riga

Aizkraukles Banka's audited profits reach 8.11 million lats

March 24, 2005 / Banking

Aizkraukles Banka’s (AB.LV) audited financial results for 2004 show that in 2004 the bank’s assets increased by 76%, to 444.5 million lats. Compared with 2003, the bank’s net profits grew by 32%, to 8.11 million lats.

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