OREANDA-NEWS  On 09 September JSC Akciju komercbanka Baltikums announced non-audited financial results as of August 31, 2008:

Assets LVL 118,870,080 (EUR 169,136,886)

Loans LVL 33,004,440 (EUR 46,961,087)

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

Incl. mortgage loans LVL 232,830 (EUR 331,287)

Deposits LVL 84,812,150 (EUR 120,676,817)

Incl. from households LVL 5,322,161 (EUR 7,572,753)

Shareholders’ equity LVL 18,726,500 (EUR 26,645,409)

Profit of the year LVL 3,446,151 (EUR 4,903,431)

Assets under management LVL 13,918,202 (EUR 19,803,817)

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