News

The first interest-free loans have been awarded

October 20, 2003 / Banking

Clients save more than Ls 20,000

The first loan centre for Aizkraukles Banka

September 18, 2003 / Banking

On Thursday, 18 September, the first AS Aizkraukles Banka (AB) loan centre "Domina" will be opened at the new trade centre "Domina Shopping" at 3 Ieriki Street, in the territory of the former VEF Factory not far from Zemitani Bridge. This will be the Bank’s first specialized loan centre offering loan facilities to the clients.

Aizkraukles Banka will award ten interest-free loans on the occasion of its tenth anniversary

September 10, 2003 / Banking

To celebrate the tenth anniversary of its foundation, AS "Aizkraukles banka" (AB) today launches an unprecedented campaign, offering for raffle ten interest-free mortgage loans to the clients of the bank. According to AB’s long-term operation strategy for private individuals, the bank will gradually become a specialized mortgage loans bank and this campaign is one of the steps for attracting new clients.

Audited Half-year Profit of Aizkraukles Banka (AB) — 2,586 Mill. Lats

September 8, 2003 / Banking

On Friday, September 5, 2003 Aizkraukles Banka Shareholders’ Meeting approved the Bank’s performance audited results for the first half year of 2003, and resolved not to pay out the Bank’s half-year profit as dividends but include it into AB equity capital, thus contributing to a further growth of the Bank.

Unaudited Half-year Profit of Aizkraukles Banka (AB) — 2.486 Mill. Lats.

July 28, 2003 / Banking

A/S Aizkraukles Banka has concluded the first half of this year with the profit of 2 486 922 Ls, thus having improved this indicator by 594 924 Ls or 31.44% in comparison with the respective period of the previous year. This indicator meets the targets set by the Bank. The amount of profit forecasted for the year 2003 equals 4.3 mill. lats, which is 14.7% more than the past year. The average return of assets (ROA) of the Bank for the first half of this year was 2.9%.

Aizkraukles Banka Acquires Paintings from Students of the Latvian Academy of Arts

July 16, 2003 / Banking

Aizkraukles Banka Acquires Paintings from Students of the Latvian Academy of Arts

AS Aizkraukles Banka Opens a New Customer Service Centre

July 15, 2003 / Banking

The inauguration of the new customer service centre of A/s Aizkraukles Banka (CSC) Vairogs shall take place at 2:00 PM on 15th of July at 226 Brivibas Str., at the premises of the CSC.

Globe of Jūrmala Renovated by Aizkraukles Banka Was Inaugurated with the Family Festival

July 7, 2003 / Banking

The oldest Latvian large-scale globe was inaugurated after renovation during the globe festival for families at the junction of Jomas and Turaidas Streets of Jurmala. Its renovation was financed by Aizkraukles Banka (AB), which thus celebrated the tenth anniversary of its existence.

Considerable Expansion of Operations Planned by AS "Aizkraukles banka"

May 13, 2003 / Banking

The financial goals set in the long-term development strategy of AS "Aizkraukles banka" (AB) are indicative of the plans to expand considerably the bank’s activities over the period of next five years. The mission of the bank has been set at attracting the capital from Russia and other CIS countries for investing into the economy of Latvia by means of expanded lending.

Aizkraukles Banka Among the Major Taxpayers in Latvia Last Year

April 16, 2003 / Banking

A/s Aizkraukles banka (AB) has been one of the major taxpayers in Latvia last year. The major taxpayers of the country for 2002 were greeted by the State Revenue Service (SRS) this Wednesday — April 16th.

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