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.

AB Plans to Double the Loans Portfolio

March 24, 2003 / Banking

The Shareholders Meeting of A/s "Aizkraukles banka" (AB) held this Friday approved the report on its performance in 2002 and the operational plan for this year. It was developed in line with the new long-term strategy of the bank, which shall be publicised at the press conference in April.

Virtual Payment Cards Offered by Aizkraukles Banka for Safe Internet Shopping

February 3, 2003 / Banking

Since the end of January, A/s Aizkraukles Banka (AB) is offering Eurocard/MasterCard (EC/MC) payment cards to individuals and businesses for payments in the Internet as well as effecting of purchases by mail or telephone. They are suitable not only for purchases in Internet and TV shops, but also for subscription of periodicals and catalogue orders.

Payment Card Risk Management System shall be Introduced by Aizkraukles Banka

January 22, 2003 / Banking

A/s Aizkraukles Banka (AB) has acquired a risk management system, which is expected to enhance the transaction safety of payment cards. The new system is to be launched this March making AB one of the first banks to introduce it in Latvia.

Aizkraukles Banka Achieved the Last Year’s Targets

January 16, 2003 / Banking

A/s Aizkraukles Banka (AB) has achieved its declared financial targets and shall continue its expansion in both Latvian and international markets.

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