11-months Profits of Aizkraukles Banka are 5.75 million Lats
Six Interest-Free Mortgage Loans of Aizkraukles Banka (AB.LV) Awarded
New garments for the security staff of Aizkraukles Banka shall be designed by the famous couturier Davids
New lending conditions introduced and interest rates reduced
Clients save more than Ls 20,000
On Thursday, 18 September, the first AS Aizkraukles Banka (AB) loan centre "Domina" will be opened at the new trade centre "Domina Shopping" at 3 Ieriki Street, in the territory of the former VEF Factory not far from Zemitani Bridge. This will be the Bank’s first specialized loan centre offering loan facilities to the clients.
To celebrate the tenth anniversary of its foundation, AS "Aizkraukles banka" (AB) today launches an unprecedented campaign, offering for raffle ten interest-free mortgage loans to the clients of the bank. According to AB’s long-term operation strategy for private individuals, the bank will gradually become a specialized mortgage loans bank and this campaign is one of the steps for attracting new clients.
On Friday, September 5, 2003 Aizkraukles Banka Shareholders’ Meeting approved the Bank’s performance audited results for the first half year of 2003, and resolved not to pay out the Bank’s half-year profit as dividends but include it into AB equity capital, thus contributing to a further growth of the Bank.
A/S Aizkraukles Banka has concluded the first half of this year with the profit of 2 486 922 Ls, thus having improved this indicator by 594 924 Ls or 31.44% in comparison with the respective period of the previous year. This indicator meets the targets set by the Bank. The amount of profit forecasted for the year 2003 equals 4.3 mill. lats, which is 14.7% more than the past year. The average return of assets (ROA) of the Bank for the first half of this year was 2.9%.
Aizkraukles Banka Acquires Paintings from Students of the Latvian Academy of Arts
The inauguration of the new customer service centre of A/s Aizkraukles Banka (CSC) Vairogs shall take place at 2:00 PM on 15th of July at 226 Brivibas Str., at the premises of the CSC.
The oldest Latvian large-scale globe was inaugurated after renovation during the globe festival for families at the junction of Jomas and Turaidas Streets of Jurmala. Its renovation was financed by Aizkraukles Banka (AB), which thus celebrated the tenth anniversary of its existence.
The financial goals set in the long-term development strategy of AS "Aizkraukles banka" (AB) are indicative of the plans to expand considerably the bank’s activities over the period of next five years. The mission of the bank has been set at attracting the capital from Russia and other CIS countries for investing into the economy of Latvia by means of expanded lending.
A/s Aizkraukles banka (AB) has been one of the major taxpayers in Latvia last year. The major taxpayers of the country for 2002 were greeted by the State Revenue Service (SRS) this Wednesday — April 16th.
The Shareholders Meeting of A/s "Aizkraukles banka" (AB) held this Friday approved the report on its performance in 2002 and the operational plan for this year. It was developed in line with the new long-term strategy of the bank, which shall be publicised at the press conference in April.
Since the end of January, A/s Aizkraukles Banka (AB) is offering Eurocard/MasterCard (EC/MC) payment cards to individuals and businesses for payments in the Internet as well as effecting of purchases by mail or telephone. They are suitable not only for purchases in Internet and TV shops, but also for subscription of periodicals and catalogue orders.
A/s Aizkraukles Banka (AB) has acquired a risk management system, which is expected to enhance the transaction safety of payment cards. The new system is to be launched this March making AB one of the first banks to introduce it in Latvia.
A/s Aizkraukles Banka (AB) has achieved its declared financial targets and shall continue its expansion in both Latvian and international markets.
