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.

We would like to inform you about Aizkraukles Banka customer service during Christmas and New Year holidays.

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%.

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.

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.

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%.

The Aizkraukles Banka financial results as of 31 October 2010 have been summarized.

We would like to inform you about servicing Aizkraukles Banka customers during holidays in November 2010.

On 28 October 2010, Riga Administrative Regional Court upheld the AS Aizkraukles Banka claim for cancelling the State Revenue Service request dated 9 May 2007 for provision of information on the bank’s customer.

Starting from 1 October 2010, opportunities for receiving financing against pledge of financial instruments have been broadened.