OREANDA-NEWS. On September 04, 2008 Joint stock company “Latvijas Krajbanka” informed that the purchase – sale transaction of the shares of AAS “BALTIKUMS DZIVIBA”, reg. no. 40003053851 ended on September 4th 2008, and AS “Latvijas Krajbanka” became the holder of 2 511 895 (two million five hundred eleven thousand eight hundred ninety-five) or 99.79% ordinary registered shares of AAS “BALTIKUMS DZIVIBA”, reported the press-centre of “Latvijas Krajbanka”.

As it has been informed, on June 20th 2008 AS “Latvijas Krajbanka” concluded a contract with AS "Akciju komercbanka "Baltikums"", SIA "Sergey Peshkov Holdings" and SIA "Alexander Peshkov Family Holdings" on acquisition of 2 511 895 shares of the insurance joint-stock company "BALTIKUMS DZIVIBA" for the total amount of LVL 2 714 235 (according to the currency exchange rate set by the Bank of Latvia on the day of the contract conclusion the total amount comprised 3 862 030 EUR). The nominal value of one share is 1 LVL. Registered and paid-in stock capital of AAS "BALTIKUMS DZIVIBA" comprises 2 517 059 LVL.

AS “Latvijas Krajbanka” provides different financial services both for private persons and legal entities, and it has the widest client service centre network in Latvia. With the acquisition of the insurance company AS “Latvijas Krajbanka” has ensured its clients a possibility to create different types of accumulations throughout life cycle – starting with child’s life insurance and children deposit, and up to pension payment.