OREANDA-NEWS. March 23, 2009. The Aizkraukles Banka financial results as of 28 February 2009 have been summarized, reported the press-centre of Aizkraukles Banka.

As of the end of February 2009, the value of the bank assets was equal to LVL 1.042 billion, the amount of deposits attracted — LVL 818.4 million, and the amount of loans granted equalled LVL 644.5 million.

Since the beginning of the year, the amount of deposits attracted has grown by LVL 108.5 million. The growth of deposits is mainly ensured by increasing amount of deposits placed by the bank established customers.

As of the end of February, the capital adequacy was equal to 16.01 %, and liquidity — to 43.25%.

As of 28 February, the bank capital and reserves were equal to LVL 78 million. The amounts hold in correspondent accounts, central bank, and due under other claims to banks total LVL 252.3 million.

On the 10th of February this year, Aizkraukles Banka has repaid the syndicated loan of EUR 70 million in accordance with the term set in the agreement.

AS Aizkraukles Banka is 100% owned by Latvian shareholders. The bank’s majority shareholders are Oleg Fil — 47.04% shares, Ernest Bernis and Nika Berne — 47.04% shares. The Aizkraukles Banka aim is to become the leading independent private bank in the Eastern Europe, combining all banking services, including asset management and advisory services, in a single customer-tailored offer. Aizkraukles Banka Group includes IPAS AB.LV Asset Management, IBAS AB.LV Capital Markets and other companies.