OREANDA-NEWS. On 09 July 2008 was announced, that JSC Akciju komercbanka Baltikums announced non-audited financial results as of June 30, 2008:

Assets                                                                                                  LVL 126,241,821 (EUR 179,625,928)

Loans                                                                                                      LVL 30,261,577 (EUR 43,058,345)

Incl. loans to households for acquisition of housing                                                 LVL 230,536 (EUR 328,023)

Incl. mortgage loans                                                                                           LVL 233,130 (EUR 331,714)

Deposits                                                                                                LVL 91,850,898 (EUR 130,692,054)

Incl. from households                                                                                    LVL 4,529,489 (EUR 6,444,882)

Shareholders' equity                                                                              LVL 17,695,250 (EUR 25,178,072)

Profit of the year                                                                                       LVL 2,414,901 (EUR 3,436,095)

Assets under management                                                                        LVL 3,674,837 (EUR 5,228,822)

The fixed exchange rate of the Bank of Latvia is 1 EUR=0.702804 LVL.