Aizkraukles Banka financial performance in January 2010

February 17, 2010 / Banking

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

During the first month, the amount of the bank assets has grown by 10.2%, to reach LVL 1.154 billion.

The amount of attracted deposits has grown significantly as well. During the month, deposits have increased by 6.7%, i.e. by LVL 57.6 million. As of 31 January 2010, overall amount of attracted deposits was equal to LVL 923.8 million.

The bank loan portfolio remained almost unchanged, and as of the end of January it was equal to LVL 572.4 million.

As of 31 January, the bank capital adequacy was equal to 14.59%, and liquidity – to 59.35%, exceeding the FCMC minimum requirements – 8% for capital adequacy and 30% for liquidity.

The amounts held in correspondent accounts, central bank, and due under other claims to banks total LVL 330.3 million.

JSC “Aizkraukles banka” is 100% owned by Latvian shareholders. The bank’s majority shareholders are Oleg Fil — 47.04% shares, Ernest Bernis and Nika Berne — 47.04% shares. The Aizkraukles Banka aim is to become the leading independent private bank in the Eastern Europe, combining all banking services, including asset management and advisory services, in a single customer-tailored offer. Aizkraukles Banka Group includes IPAS AB.LV Asset Management, IBAS AB.LV Capital Markets and other companies.
Additional information:
Ilmars Jargans
Aizkraukles Banka
+ 371 6777 5296