Aizkraukles Banka (AB.LV) and Riga Graduate School of Law have entered into cooperation agreement on providing financial support to education programme Law and Finance in academic year 2009/2010.
The Aizkraukles Banka financial results as of 30 November 2009 have been summarized.
The Aizkraukles Banka financial results as of 31 October 2009 have been summarized.
The Aizkraukles Banka financial results as of 30 September 2009 have been summarized.
International publication Global Finance Magazine announced the best banks globally in 11 categories and the best banks in 123 countries in its review World’s Best Banks 2009. Aizkraukles banka was included in the list of the best banks globally as well, being recognised as the best bank in Latvia.
Considering stabilization and recovery trends in the world and Latvian financial markets, and also responding to the government call to warm up Latvian economy, Aizkraukles banka (AB.LV) approved a business lending programme for the following 9 months.
Aizkraukles Banka has started issuing highest-class credit cards — VISA Platinum and Infinite — to its customers.
The Aizkraukles Banka financial results as of 31 August 2009 have been summarized.
Audit of Aizkraukles Banka Group financial report for the first half-year 2009 has been completed. The audit was performed by international audit company Ernst&Young Baltic.
Supported by AB.LV Sabiedriskā Labuma Fonds, the Latvian contemporary photo art exhibition “Private” will be held at “ARSENĀLS” exhibition hall of the Latvian National Museum of Art (1 Torna Street) from 20 August till 18 October this year.
After a great shock in the world financial markets at the end of 2008, financial markets and investors gradually regain optimism.
The Aizkraukles Banka financial results as of 31 July 2009 have been summarized.
The Aizkraukles Banka financial results as of 30 June 2009 have been summarized.
On June 29, 2009, Aizkraukles Banka (AB.LV) completely repaid the remaining syndicated loan of EUR 85 million. As early as at the beginning of May, the bank placed a deposit of EUR 50 million with DZ Bank AG — one of the syndicated loan arrangers.
The Aizkraukles Banka financial results as of 31 May 2009 have been summarized.
Similar to the procedure of repaying the first syndicated loan at the beginning of the year, Aizkraukles Banka (AB.LV) has again placed a deposit of EUR 50 million (more than a half of the syndicated loan amount) with DZ Bank AG — one of the syndicated loan arrangers.
The Aizkraukles Banka financial results as of 30 April 2009 have been summarized.
The Aizkraukles Banka priorities for 2009 are to maintain stability and high level of income. During first quarter of this year Aizkraukles Banka actively continued creating provisions for loan impairment.
Settled in new premises (”Poitaht” business centre) in the capital of Uzbekistan, Tashkent, the representative office of JSC “AB Konsultācijas”, part of Aizkraukles Banka (AB.LV) Group, has started its work in this country. The main task of the representative offices is to provide information about AB.LV Group and its services, alongside with promoting international economic cooperation in various areas of business. Currently, the AB.LV Group companies have representative offices in Central Asia and Transcaucasian states — Kazakhstan, Uzbekistan, and Azerbaijan. The geographic location, natural resources, economic potential of these countries as well as opportunities for developing business cooperation have been of growing interest to Latvian businessmen. This is the fifth representative office of JSC “AB Konsultācijas” — the other four are located in Moscow, St. Petersburg, Odessa, and Baku. Whereas Aizkraukles Banka itself has three representative offices — in Kiev, Minsk, and Almaty. The aim of AB.LV Group is to continue expanding the network of its representative offices in Russia and CIS member states. The successful operations of the AB.LV Group representative offices are proved by rapidly growing number of foreign customers.
At JSC "Aizkraukles banka” (AB.LV) shareholders’ meeting, the Aizkraukles Banka consolidated statement for the year 2008 was approved. At the general meeting, the bank shareholders decided to include the bank net profit for the year 2008, which totalled LVL 10.7 million, in AS Aizkraukles Banka Tier 1 capital as retained profit and to make no dividend payments.
Nowadays, it is becoming more and more popular to store compact valuables — important documents, jewelry, cash savings — not at home, but in a secure safe deposit box at the bank. This opportunity is now available to the Aizkraukles Banka (AB.LV) customers.
The Aizkraukles Banka financial results as of 31 March 2009 have been summarized.
In the basement floor of the bank central office in Riga, at Elizabetes 23, Aizkraukles Banka has equipped a modern safe deposit box vault, meeting the highest security standards. The vault has several safety levels, with adjacent rooms equipped with different sensors, and there is an integral part of any safe vault — a solid metal door, almost half-meter thick.
The Aizkraukles Banka financial results as of 28 February 2009 have been summarized.
According to the data of the Association of Latvian Commercial Banks, as of 31 January 2009, Aizkraukles Banka is currently ranked first in terms of amount of corporate deposits placed. While in January the amount of corporate deposits placed with most of the other banks continued to decrease, in Aizkraukles Banka it grew by 8.1% (LVL 51.33 million), amounting to LVL 686.6 million.
On 26 February 2009, SIA „Ernst&Young Baltic” completed the audit of Aizkraukles Banka Group financial statements 2008, providing the opinion containing no remarks.
Aizkraukles Banka continues to improve standards of customer service, devoting more attention and providing more assistance to its target customers, as well as offering them more opportunities. Recently, we have significantly expanded the team of our private bankers, employing the best of the best.
Today, on 10 February, JSC “Aizkraukles banka” will repay the syndicated loan of EUR 70 million, according to the agreement terms and conditions.
The Aizkraukles Banka financial results of January 2009 have been summarized.
VISA Europe Board has confirmed VISA Principal Member status being granted to Aizkraukles Banka.
Aizkraukles Banka has placed a deposit with the Agent of the syndicated term loan facility, which is about to mature in the beginning of February 2009 — DZ BANK AG (Germany). The deposit equals the total initial amount of the loan.
The Aizkraukles banka non-audited financial results of the year 2008 have been summarized.
