OREANDA-NEWS  On 11 December JSC Akciju komercbanka Baltikums announced non-audited financial results as of November 30, 2008:

Assets: LVL 121,667,696 (EUR 173,117,535)

Loans: LVL 32,963,833 (EUR 46,864,891)

Incl. loans to households for acquisition of housing: LVL 14,056 (EUR 20,000)

Incl. mortgage loans: LVL 15,900 (EUR 22,624)

Deposits: LVL 85,935,990 (EUR 122,275,898)

Incl. from households: LVL 5,460,425 (EUR 7,769,485)

Shareholders’ equity: LVL 18,886,144 (EUR 26,872,562)

Profit of the year: LVL 3,605,795 (EUR 5,130,584)

Assets under management: LVL 7,175,350 (EUR 10,209,603)

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