In continuing co-operation with the Riga City Council that began in 2006, Aizkraukles Banka has approved a new programme, «Playgrounds for the Youngest Residents of Riga». By 2011, five new playgrounds are to be equipped in various districts of Riga. Aizkraukles Banka will contribute LVL 245,000 to the project — the largest private sector investment ever granted for the purpose of equipping playgrounds.
News
Half-year Profits Included in Equity Capital
Shareholders of AS «Aizkraukles Banka» (AB.LV) met on September 19 and decided that profits from the first half of 2007 will not be paid out in dividends. Instead, the funds will be included in equity capital to raise its level to LVL 90.9 million.
Aizkraukles Banka and Banking School Conclude Co-operation Agreement
On Thursday, June 14, Aizkraukles Banka (AB.LV) and the Banking Institution of Higher Education (BA) concluded an agreement on co-operation. The goal of the agreement is to merge the intellectual resources, theoretical knowledge and practical experience of the two sides to create new prerequisites for the development of the academic environment and the banking sector.
New Investment Opportunities: Investment Funds of AB.LV
At the end of March IPAS “AB.LV Asset Management”, the daughter company of Aizkraukles Banka, has registered two open-end investment funds:
Aizkraukles Banka’s 2006 financial statements approved
Financial statements are approved
Aizkraukles Banka supports Latvian handball with LVL 90,000
We continue to develop Latvian handball
Aizkraukles banka working schedule on Easter holidays
Aizkraukles banka working schedule on Easter holidays
Aizkraukles Banka receives EUR 85 million loan
AB.LV receives a loan for development of its main activities
Aizkraukles Banka’s (AB.LV) 2006 profit is LVL 25.2 million
Outstanding performance