On 1 January 2011, Estonia will change its currency from EEK (Estonian kroon) to EUR (euro). Therefore, the following procedure has been set for transfers in EEK.
Banking
Bank work schedule during Christmas and New Year holidays
We would like to inform you about Aizkraukles Banka customer service during Christmas and New Year holidays.
Aizkraukles Banka financial performance in November 2010
The Aizkraukles Banka financial results as of 30 November 2010 have been summarized. As of the end of November, the amount of the bank’s assets reached LVL 1.4 billion. Since the beginning of the year, it has grown by 34%.
AB.LV performance in Q3 2010
Aizkraukles Banka financial results for Q3 2010 have been summarized. Likewise the first two quarters of 2010, in the third quarter the bank’s business continued to grow in most important areas of operations – providing services to private and corporate customers, asset management, securities transactions, and lending to corporate customers.
Expanded opportunities of financing secured with financial instruments
From 1 December 2010, AB.LV expands opportunities of receiving financing secured with financial instruments. The positive changes made concern share of granted financing and list of financial instruments accepted as security.
Aizkraukles Banka sells small part of its mortgage loan portfolio to Nordea Banka
AS Aizkraukles Banka has entered into agreement with Latvian branch of Nordea Bank Finland Plc on assigning rights of claim under 55 mortgage loans. The total deal amount is about LVL 4.2 million, i.e. approximately 1% of the bank’s current mortgage loan portfolio. Compare: during 2009, the bank’s mortgage loan portfolio has been decreased by LVL 22.88 million, i.e. 5%.
Aizkraukles Banka financial performance in October 2010
The Aizkraukles Banka financial results as of 31 October 2010 have been summarized.
Aizkraukles Banka customer servicing during November holidays
We would like to inform you about servicing Aizkraukles Banka customers during holidays in November 2010.
Latvian court protects bank secrecy: Aizkraukles Banka claim for cancelling request of the State Revenue Service has been upheld
On 28 October 2010,
Wider opportunities for financing against pledge of financial instruments
Starting from 1 October 2010, opportunities for receiving financing against pledge of financial instruments have been broadened.