Akciju komercbanka Baltikums Announced Financial Results as of Sept 30
OREANDA-NEWS On 15 October JSC Akciju komercbanka Baltikums announced non-audited financial results as of September 30, 2008:
Assets - LVL 110,419,615 (EUR 157,112,958)
Loans - LVL 36,928,825 (EUR 52,544,984)
Incl. loans to households for acquisition of housing - LVL 230,536 (EUR 328,023) - LVL 232,830 (EUR 331,287)
Deposits - LVL 72,009,771 (EUR 102,460,673)
Incl. from households - LVL 5,342,466 (EUR 7,601,644)
Shareholders’ equity - LVL 18,751,598 (EUR 26,681,120)
Profit of the year - LVL 3,471,249 (EUR 4,939,142)
Assets under management - LVL 14,818,842 (EUR 21,085,313)
The fixed exchange rate of the Bank of Latvia is 1 EUR=0.702804 LVL.
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