Aizkraukles Banka financial performance in June 2010

July 13, 2010, 10:55 / Banking

The Aizkraukles Banka financial results as of 30 June 2010 have been summarized.

As of 30 June, the amount of the bank assets amounted to LVL 1.217 billion. Since the beginning of the year, it has grown by 16%.

Over the first half of the year, the amount of attracted deposits has increased significantly as well. As of 30 June, it equalled LVL 1.02 billion. As compared with that at the beginning of the year, the total amount of attracted deposits has grown by 17.8%, i.e. LVL 154 million.

Aizkraukles Banka has completed issue of shares, raising additional capital of LVL 6.5 million. As of 30 June, the bank capital and reserves equalled LVL 77.4 million.

As of 30 June, the bank capital adequacy was equal to 15.07%, and liquidity — to 63.62%, 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 313.2 million.

Additional information:

Ilmars Jargans
Head of Public Relations Department
+ 371 6700 2296
ilmars.jargans@ab.lv