OREANDA-NEWS. On 23 March 2009 AS “Akciju komercbanka “Baltikums”” announced non-audited financial results as of February 28, 2009:

Assets LVL 129,925,301 (EUR 184,867,048)

Loans LVL 34,194,856 (EUR 48,654,897)

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

      Incl. mortgage loans LVL 33,778 (EUR 48,062)

Deposits LVL 96,728,767 (EUR 137,632,636)

      Incl. from households LVL 4,602,508 (EUR 6,548,779)

Shareholders’ equity LVL 19,177,249 (EUR 27,286,767)

Profit of the year LVL 239,105 (EUR 340,216)

Assets under management LVL 7,722,723 (EUR 10,988,445)

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