Deposits with Aizkraukles Banka continue to grow

March 12, 2009 / Banking

The Aizkraukles Banka financial results as of 28 February 2009 have been summarized.

Amount of corporate deposits hold with Aizkraukles Banka is the highest one

March 6, 2009 / Banking

According to the data of the Association of Latvian Commercial Banks, as of 31 January 2009, Aizkraukles Banka is currently ranked first in terms of amount of corporate deposits placed. While in January the amount of corporate deposits placed with most of the other banks continued to decrease, in Aizkraukles Banka it grew by 8.1% (LVL 51.33 million), amounting to LVL 686.6 million.

On 05.03.2009. reduced rate for financing against securities

March 6, 2009 / Banking

On Thursday, 5 March 2009, the European Central Bank decided to cut the interest rate in the eurozone by 0.50% to the level of 1.50%.

Aizkraukles Banka audited performance 2008

March 4, 2009 / Banking

On 26 February 2009, SIA „Ernst&Young Baltic” completed the audit of Aizkraukles Banka Group financial statements 2008, providing the opinion containing no remarks.

AB.LV expands its private bankers team

February 11, 2009 / Banking

Aizkraukles Banka continues to improve standards of customer service, devoting more attention and providing more assistance to its target customers, as well as offering them more opportunities. Recently, we have significantly expanded the team of our private bankers, employing the best of the best.

Aizkraukles Banka repays syndicated loan

February 10, 2009 / Banking

Today, on 10 February, JSC “Aizkraukles banka” will repay the syndicated loan of EUR 70 million, according to the agreement terms and conditions.

Aizkraukles Banka financial performance in January 2009

February 5, 2009 / Banking

The Aizkraukles Banka financial results of January 2009 have been summarized.

Aizkraukles Banka acquired VISA Principal Member status

January 26, 2009 / Banking

VISA Europe Board has confirmed VISA Principal Member status being granted to Aizkraukles Banka.

Aizkraukles Banka has placed 70 million EUR deposit with agent of syndicated term loan facility

January 22, 2009 / Banking

Aizkraukles Banka has placed a deposit with the Agent of the syndicated term loan facility, which is about to mature in the beginning of February 2009 — DZ BANK AG (Germany). The deposit equals the total initial amount of the loan.

Aizkraukles banka financial performance in 2008

January 19, 2009 / Banking

The Aizkraukles banka non-audited financial results of the year 2008 have been summarized.