Aizkraukles Banka financial performance in July 2010

August 16, 2010, 11:58 / Banking

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

As of the end of July, the amount of the bank’s assets reached LVL 1.255 billion. Since the beginning of the year, it has grown by 20%.

The amount of attracted deposits continued to grow in July, amounting to LVL 1.047 billion, as of 31 July. As compared with that at the beginning of the year, the amount of attracted deposits has grown by 21%.

The bank’s loan portfolio totalled LVL 564.4 million, as of 31 July.

As of 31 July, the bank’s capital adequacy was equal to 14.83%, and liquidity – to 63.45%, 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 313.1 million.

Additional information:

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