News and Reviews

Aizkraukles Banka financial performance in July 2009

August 14, 2009 / Banking

The Aizkraukles Banka financial results as of 31 July 2009 have been summarized.

Aizkraukles Banka financial performance in June 2009

July 14, 2009 / Banking

The Aizkraukles Banka financial results as of 30 June 2009 have been summarized.

Aizkraukles Banka completely repays last syndicated loan

July 2, 2009 / Banking

On June 29, 2009, Aizkraukles Banka (AB.LV) completely repaid the remaining syndicated loan of EUR 85 million. As early as at the beginning of May, the bank placed a deposit of EUR 50 million with DZ Bank AG — one of the syndicated loan arrangers.

Aizkraukles Banka financial performance in May 2009

June 16, 2009 / Banking

The Aizkraukles Banka financial results as of 31 May 2009 have been summarized.

Aizkraukles Banka financial performance in April 2009

May 11, 2009 / Banking

The Aizkraukles Banka financial results as of 30 April 2009 have been summarized.

On 7 May 2009 reduced rate for financing against securities

May 7, 2009 / Banking

On Thursday, 7 May 2009, the European Central Bank decided to cut the interest rate in the eurozone by 0.25% to the level of 1.00%.

Aizkraukles Banka financial performance in Q1

April 30, 2009 / Banking

The Aizkraukles Banka priorities for 2009 are to maintain stability and high level of income. During first quarter of this year Aizkraukles Banka actively continued creating provisions for loan impairment.

Aizkraukles Banka shareholders approve statement for the year 2008 and decide on profit distribution

April 20, 2009 / Banking

At JSC "Aizkraukles banka” (AB.LV) shareholders’ meeting, the Aizkraukles Banka consolidated statement for the year 2008 was approved. At the general meeting, the bank shareholders decided to include the bank net profit for the year 2008, which totalled LVL 10.7 million, in AS Aizkraukles Banka Tier 1 capital as retained profit and to make no dividend payments.

Aizkraukles Banka financial performance in March

April 9, 2009 / Banking

The Aizkraukles Banka financial results as of 31 March 2009 have been summarized.

On 2 April 2009 reduced rate for financing against securities

April 3, 2009 / Banking

On Thursday, 2 April 2009, the European Central Bank decided to cut the interest rate in the eurozone by 0.25% to the level of 1.25%.

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