The Aizkraukles Banka performance results as of 31 December 2010 have been summarized. During the year, the amount of the bank’s assets has grown by LVL 402.2 million, i.e. 38.4%. As at 31 December, the total amount of the bank’s assets equalled LVL 1.449 billion.
News and Reviews
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 financial performance in October 2010
The Aizkraukles Banka financial results as of 31 October 2010 have been summarized.
Private equity fund established by Aizkraukles Banka purchased Grindeks shares
AB.LV Private Equity Fund 2010 purchased 1 090 844 shares of Grindeks public issue from Russian company Pharmstandard. The purchased shares ensure voting rights equal to 11.38% of the share capital, and the fund is going to use those rights directly and independently.
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.
Aizkraukles Banka financial performance in September 2010
The Aizkraukles Banka financial results as of 30 September 2010 have been summarized.
Another issue of Aizkraukles Banka subordinated bonds completed
8 September this year was the closing date for submitting applications for purchasing subordinated bonds issued under third Aizkraukles Banka (AB.LV) emission. Yesterday (15 September), settlement under the bond purchase has been performed. The applications received exceeded the bond issue amount by 16%. The bonds have been purchased both by individuals and corporate entities.
Aizkraukles Banka financial performance in August 2010
The Aizkraukles Banka financial results as of 31 August 2010 have been summarized.