OREANDA-NEWS. March 24, 2009. Since February 28, 2009 the amount of legal entity deposits within AS „Latvijas Krajbanka” has grown by 48 million lats, thus influencing the increasing of the total deposit amount by 11%. It should be noted that in comparison with the end of last March the deposit amount has grown by 7%, reported the press-centre of Latvijas Krajbanka.

Such a variability of the bank’s deposits and assets, showing increase one month and decrease during another, is related to the service of separate corporate clients of the bank. Cyclic oscillations of funds, which were observed also previously, are characteristic to the business activity of those clients.

Thus, the conclusions on the decrease of deposit amount within AS „Latvijas Krajbanka”, provided by separate media, are not true and do not correspond to the real situation.