This year, within the Competition «Atziniba» (Recognition) organised by the Latvian Real Estate Association (LANIDA), Aizkraukles Banka will issue a cheque for 5,000 LVL to the winner in the nomination «LANIDA Best Broker 2006».

One of the strategic goals pursued by Aizkraukles banka is expansion of its international network. On September 7, 2006 the bank received permission for opening its representative office in Almaty. The representative office is located at Business Centre Kulan, 188 Dostyk Avenue, office 402, Almaty.

Excellent financial results for the first half-year

Opening the playground

In late March of this year, two subsidiaries of Aizkraukles Banka — the Investment Management Joint Stock Company AB.LV Asset Management and the Investment Broker Joint Stock Company AB.LV Capital Markets — received licences for investment management and investment services issued by the Financial and Capital Market Commission.

Aizkraukles Banka’s successful financial period

Loan for purchase of the first home to the amount of 100% of its value

Aizkraukles Banka extends its activities

Today Aizkraukles Banka has signed its debut; EUR 50 million syndicated short-term loan facility. The volume of the transaction is the largest debut amount in Baltic countries for a bank without a foreign capital. The facility will be disposed for further enhancement of the general business of the bank. It will strengthen the position of Aizkraukles Banka in current circumstances of tough competition in the banking sector of Latvia.

AB.LV and Riga City Council sign a Protocol of Intentions