OREANDA-NEWS. On April 05, 2009 Akciju sabiedriba "Latvijas Krajbanka" (hereinafter - JSC "Latvijas Krajbanka") has concluded a contract (hereinafter – Purchase contract) with SIA “Netex Galaxy”, AS IBS “Renesource Capital” and Vladimirs Ostrovskis on acquisition of Akciju sabiedriba IBS “Renesource Capital” shares (registration No. 4000341557, having its legal address at Republikas laukums 3 – 716 in Riga). AS IBS “Renesource Capital” is an investment broker company operating since 1998, reported the press-centre of Latvijas Krajbanka.

The transaction will be made after the permissions from regulatory bodies are received, and all the necessary procedures and settlements envisaged by the Purchase contract are performed. In the result of transaction the JSC "Latvijas Krajbanka" will become the holder of 553’216 or 100% shares of AS IBS “Renesource Capital”.

JSC "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 investment broker company, JSC “Latvijas Krajbanka” will continue to implement the bank’s strategy, envisaging provision of development of full range of financial services.