20.05.10

Baltikums Banka Received Again the Deutsche Bank Award for the Exceptional Quality of Payment Messages for the Year 2009

Deutsche Bank has again positively evaluated processing quality of the Baltikums Banka payment messages and awarded the Bank an annual prize Deutsche Bank’s 2009 EUR Straight-Through Processing Excellence Award.

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31.03.10

Baltikums Banka Continued Growth

Despite the general turmoil, Baltikums Banka continued to implement its plans and improved its position in the chosen areas of activities in 2009. The conservative risk management, consistent strategic goals, and establishment of long-term relations with customers – these are the pillars of good financial results of Baltikums Banka and Bank’s group.

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04.02.10

Baltikums Banka Has Redeemed Third Issue Bonds

Baltikums Banka has redeemed the third issue bonds. Previously, the Bank successfully redeemed the first and second bond issues, as well as the first in Latvia issue of credit-linked bonds.

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04.02.10

Baltikums Banka has Started Issuing Payment Cards with 3-Year Validity Term

Baltikums Banka has started issuing payment cards with the 3-year validity term. This is another step towards better long-term relations with the Bank’s customers and improving quality of customer service. The validity term of the cards issued before shall remain unchanged.

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28.01.10

Baltikums Banka Will Pay the Interest and Principal Amount for the Twelfth Period of the Third Bond Issue

In compliance with the requirements of the Latvian Central Depository Rules No.8 On Dividends, Principal and Other Income Payments, that on 2 February, 2010 Baltikums Banka will make a coupon payment (interest) and principal amount payment on its third issue notes (ISIN code: LV0000800407) for the twelfth coupon period (from November 02, 2009, till February 02, 2010).

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26.01.10

List of Сorrespondent Banks of Baltikums Banka Changed

As of 8 February 2010 Commerzbank AG (formerly Dresdner Bank AG) will close the following correspondent accounts due to its integration in Commerzbank AG, Frankfurt am Main, Germany.

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21.01.10

Baltikums Banka Informs of Amendments to the Personal Income Tax

Please be informed that amendments to the law One Personal Income Tax took effect on 1 January 2010 according to which income from capital and from growth of capital of individuals (residents and non-residents of Latvia) will be applicable with the personal income tax.

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11.01.10

Baltikums Banka Non-Audited Financial Results as of December 31, 2009

 
  

23.12.09

Opening Hours of Baltikums Banka due to Christmas and New Year’s Holiday

Due to Christmas and New Year’s Holiday, Baltikums Banka has set a different open hour’s schedule:

  • 23 December 2009 – the Bank is open from 09:30am to 04.30pm
  • 24, 25, 26 and 27 December 2009 – closed
  • 30 December 2009 – the Bank is open from 09:30am to 04.30pm
  • 31 December 2009, 1, 2 and 3 January – closed

Non-resident customers will be serviced according to the following schedule:

  • 23 and 30 December 2009 – the Bank is open from 09:00am to 06:00pm. Payment orders sent via the Internet Bank will be executed – from 09:30am to 05:30pm
  • 31 December 2009 – the Bank is open from 09:00am to 02:00pm. Payment orders sent via the Internet Bank will be executed – from 09:30am to 01:00pm
     

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    18.12.09

    Changes in working hours of Baltikums Bank (Cyprus) in December

    Due to Christmas Day, Baltikums Cyprus will be closed on 25 December 2009.

     
      

    09.12.09

    Baltikums Banka Non-Audited Financial Results as of November 30, 2009

    Baltikums Banka Non-Audited Financial Results as of November 30, 2009:

     

    LVL

    EUR

    Assets

      112,854,858

      160,577,996

      Loans:

        25,955,681

        36,931,607

        Incl. to households for housing purchase

        0

        0

        Incl. mortgage loans

        14,100

        20,062

        Deposits:

          79,653,501

          113,336,721

          Incl. by households

          7,177,030

          10,211,994

          Own capital

            24,904,397

            35,435,764

            Authorised capital

              23,442,200

              33,355,246

              Profit in reporting year

                1,343,887

                1,912,179

                Assets in management

                  5,264,832

                  7,491,181

                  The fixed exchange rate of the Bank of Latvia is EUR 1 = LVL 0.702804.

                   

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                  25.11.09

                  Address of Baltikums Banka Representative Office in the Ukraine Has Been Changed

                  The Baltikums Banka representative office in the Ukraine has changed its address and telephone number.

                  New address: 21 Shelkovichnaya Street, office 3, Kyiv, 01024, Ukraine

                  New telephone number: +38 044 451 4 451

                  E-mailThis e-mail address is being protected from spambots. You need JavaScript enabled to view it

                  Open hours: weekdays from 09:00a.m. till 06.00p.m.

                   

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                  13.11.09

                  Baltikums Banka Share Capital Has Been Increased to 23 mln Lats

                  As a result of the new share emission Baltikums Banka paid up share capital has been increased by LVL 8,264,000 to LVL 23,442,200. The emission has been fully subscribed to and paid up by the Bank’s shareholder – AS “Baltikums Bankas Grupa”.

                  At the shareholders’ meeting the decision was made to increase the capital stock to LVL 23,442,200 and to make relevant amendments to the Articles of Association. The capital stock has been fully paid and registered with the Commercial Register.

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                  13.11.09

                  Baltikums Banka Has Purchased Shares in Capital Stock of SIA „Konsalting Invest”

                  Baltikums Banka has purchased 49% of SIA „Konsalting Invest” capital stock shares from AS „Baltikums Bankas Grupa”.

                  Baltikums Banka has become the owner of 100% of SIA „Konsalting Invest” stock capital.

                   
                    

                  11.11.09

                  Opening Hours of Baltikums Banka due to Holiday of Proclamation Day of the Republic of Latvia

                  Due to Holiday of Proclamation Day of the Republic of Latvia celebration, Baltikums Banka has set a different open hour’s schedule:

                  • 17 November 2009 – the Bank is open from 9:30 a.m. to 4.30 p.m.
                  • 18 November 2009 – closed

                  Non-resident customers will be serviced according to the following schedule:

                  • 17 and 18 November 2009 – the Bank is open from 9:00 a.m. to 5:00 p.m. Payment orders sent via the Internet Bank will be executed – from 9.30 a.m. to 4.30 p.m.
                       

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                      10.11.09

                      Baltikums Banka Non-Audited Financial Results as of October 31, 2009

                      Baltikums Banka Non-Audited Financial Results as of October 31, 2009:

                       

                      LVL

                      EUR

                      Assets

                        100,588,910

                        143,125,125

                        Loans:

                          25,142,080

                          35,773,957

                          Incl. to households for housing purchase

                          0

                          0

                          Incl. mortgage loans

                          14,250

                          20,276

                          Deposits:

                            67,906,952

                            96,622,888

                            Incl. by households

                            6,566,227

                            9,342,899

                            Own capital

                              24,868,634

                              35,384,878

                              Authorised capital

                                23,442,200

                                33,355,246

                                Profit in reporting year

                                  1,308,124

                                  1,861,293

                                  Assets in management

                                    5,395,880

                                    7,677,646

                                    The fixed exchange rate of the Bank of Latvia is EUR 1 = LVL 0.702804.

                                     

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                                    30.10.09

                                    Baltikums Banka Sets the Coupon Rate for the Twelfth Period

                                    Baltikums Banka informs that the coupon rate of the bonds (ISIN LV0000800407) for the twelfth coupon period (from November 2, 2009 till February 1, 2010) will be 3.722%.

                                    According to the terms of the issue of Baltikums Banka the coupon rate for each interest calculation period is set based on 3 months EURIBOR rate fixed on the rate setting date plus 3% p.a.

                                    According to the Bank of Latvia 3 months EURIBOR rate was 0,722% p.a. on Oktober 29, 2009, thus the coupon rate for the twelfth period (from November 2, 2009 till February 1, 2010) will make up 3.722%.

                                     

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                                    30.10.09

                                    Baltikums Banka Will Pay Notes Coupon Interest for Eleventh Period

                                    In compliance with the requirements of the Latvian Central Depository Rules No.8 On Dividends, Principal and Other Income Payments, we declare that on 2 November, 2009 Baltikums Banka will make a coupon payment (interest) on its third issue notes (ISIN code: LV0000800407) for the eleventh coupon period (from August 02, 2009, till November 01, 2009). The calculation date is 30 October 2009. The total calculated interest amount is EUR 61877.13; the size of the coupon payment (interest) per one note is EUR 0.9964111.

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                                    29.10.09

                                    Baltikums Banka Shall Increase its Fixed Capital to LVL 23,442,200

                                    The decision was made at the Baltikums Banka shareholders’ meeting to increase the bank’s fixed capital, to pay dividend, and to make relevant amendments to the Articles of Association.

                                    The decision was made at the Baltikums Banka shareholders’ meeting to increase the bank’s fixed capital, to make relevant amendments to the Articles of Association, and to pay dividend.


                                     

                                    The decision was made at the meeting to increase the bank’s fixed capital to LVL 23,442,200 and the full payment of the capital was made. The shareholders’ meeting also approved relevant amendments to the Articles of Association.

                                    Amendments to the Articles of Association of AS “Akciju komercbanka “Baltikums””

                                    To express Clause 3.1. „Fixed Capital and Types of Shares” of the Articles of Association as follows:

                                    “3.1. The fixed capital of the Company amounts to 23’442’200 LVL (twenty-three million four hundred and forty-two thousand lats). The fixed capital of the Company consists of 23’442’200 (twenty-three million four hundred and forty-two thousand) shares. The value of one share is 1 LVL (one lat).”

                                    To express Clause 2. „Lines of Commercial Activities” of the Articles of Association as follows:

                                    „The Company shall carry on the following commercial activities:

                                    1)  Other monetary intermediation (NACE 2 – 64.19);

                                    2)  Financial leasing (NACE 2 – 64.91);

                                    3)  Other lending services (NACE 2 – 64.92);

                                    4)  Other financial service activities, except insurance and pension funding n.e.c. (NACE 2 – 64.99);

                                    5)  Administration of financial markets (NACE 2 – 66.11);

                                    6)  Security and commodity contracts brokerage (NACE 2 – 66.12);

                                    7)  Other activities auxiliary to financial services, except insurance and pension funding (NACE 2 – 66.19);

                                    8)  Fund management activities (NACE 2 – 66.3)”.

                                    The decision was also made at the meeting to pay the dividend from the remaining share of undistributed profit of 2008 worth 2 500 000 LVL.

                                     

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                                    21.10.09

                                    Baltikums Bank (Cyprus) Hs Opened Correspondent Accounts with Commerzbank (Germany)

                                    Baltikums Bank (Cyprus) ir atvērusi korespondentkontus eiro un ASV dolāru pārskaitījumiem Commercbank (Vācija). To atvēršana ir apliecinājums Baltikums Bank (Cyprus) kā nopietnam un uzticam partnerim finanšu tirgū.

                                    Tagad klientiem ir iespēja veikt eiro un ASV dolāru pārskaitījumus, izvēloties sev un biznesa partneriem piemērotāko korespondentkontu. Mūsu bankas speciālisti konsultēs par optimālākā korespondentkonta izvēli.

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