OREANDA-NEWS. On 06 August 2008 JSC Akciju komercbanka Baltikums announced non-audited financial results as of July 31, 2008:

Assets                                                                                                  LVL 124,874,623 (EUR 177,680,581)

Loans                                                                                                       LVL 32,542,256 (EUR 46,303,459)

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

Incl. mortgage loans                                                                                  LVL 232,980 (EUR 331,501)

Deposits                                                                                                 LVL 88,464,376 (EUR 125,873,467)

Incl. from households                                                                           LVL 5,204,889 (EUR 7,405,890)

Shareholders’ equity                                                                              LVL 18,367,100 (EUR 26,134,029)

Profit of the year                                                                                        LVL 2,986,751 (EUR 4,249,764)

Assets under management                                                                        LVL 5,814,640 (EUR 8,273,487)

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