In 10 months of 2008 JSC Akciju komercbanka Baltikums earned 3.6 million lats. The bank continued to show stable gains in deposits attracted from corporate clients – the basic target group of the bank. In October, the total amount of attracted deposits increased 10.7 % (7.7 million lats) in comparison with September. JSC Akciju komercbanka Baltikums non-audited financial results as of October 31, 2008: - Assets LVL 113,599,776 (EUR 161,637,919)
- Loans LVL 35,569,171 (EUR 50,610,371)
- Incl. loans to households for acquisition of housing LV 230,536 (EUR 328,023)
- Incl. mortgage loans LVL 232,530 (EUR 330,860)
- Deposits LVL 79,688,867 (EUR 113,387,042)
- Incl. from households LVL 5,660,419 (EUR 8,054,051)
- Shareholders’ equity LVL 18,856,988 (EUR 26,831,077)
- Profit of the year LVL 3,576,639 (EUR 5,089,099)
- Assets under management LVL 16,076,431 (EUR 22,874,700)
The fixed exchange rate of the Bank of Latvia is 1 EUR=0.702804 LVL.
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