Aizkraukles Banka Summarized Financial Performance in December
OREANDA-NEWS. January 21, 2010. The Aizkraukles Banka financial results as of 31 December 2009 have been summarized, reported the press-centre of Aizkraukles Banka.
Since the beginning of the year, the amount of the bank assets has grown by 3.6%, and as of 31 December 2009 it was equal to LVL 1.047 billion.
The amount of attracted deposits has grown significantly. During the month, deposits have increased by 11.3%. Also in previous years, December was marked by rapid seasonal increase in the amount of deposits. Overall growth of deposits since the beginning of 2009 has been by 22%, i.e. LVL 156.5 million, and as of the end of 2009 they amounted to LVL 866.2 million.
Since the beginning of the year, the loan portfolio has decreased by LVL 75 million to amount to LVL 571.9 million (a decrease by 11.6%).
As of 31 December, the bank capital adequacy was equal to 15.11%, and liquidity – to 57.53%, exceeding the FCMC minimum requirements – 8% for capital adequacy and 30% for liquidity.
The amounts held in correspondent accounts, central bank, and due under other claims to banks total LVL 248.5 million.
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