News and Reviews

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%.

On 05.03.2009. reduced rate for financing against securities

March 6, 2009 / Banking

On Thursday, 5 March 2009, the European Central Bank decided to cut the interest rate in the eurozone by 0.50% to the level of 1.50%.

Aizkraukles Banka audited performance 2008

March 4, 2009 / Banking

On 26 February 2009, SIA „Ernst&Young Baltic” completed the audit of Aizkraukles Banka Group financial statements 2008, providing the opinion containing no remarks.

Aizkraukles Banka repays syndicated loan

February 10, 2009 / Banking

Today, on 10 February, JSC “Aizkraukles banka” will repay the syndicated loan of EUR 70 million, according to the agreement terms and conditions.

Aizkraukles Banka financial performance in January 2009

February 5, 2009 / Banking

The Aizkraukles Banka financial results of January 2009 have been summarized.

Aizkraukles banka financial performance in 2008

January 19, 2009 / Banking

The Aizkraukles banka non-audited financial results of the year 2008 have been summarized.

On 15.01.2009. reduced rate for financing against securities

January 16, 2009 / Banking

On Thursday, 15 January 2009, the European Central Bank decided to cut the interest rate in the eurozone by 0.50% to the level of 2.00%.

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