According   to   the   audited   results   total  assets  of  the  JSC"

Hansabank-Latvia"  at  the  end of the 1998 stood at LVL 144.6 million,

clients  deposits  amounted  to  the  LVL  110.9  million  and the loan

portfolio to the LVL 62.1 million.

Clients  deposits  grew  by 85 % or LVL 51 million (LVL 28 million from

the merger) and the loan portfolio by 147.4 % or LVL 37 million (LVL 23

million from the merger).

JSC  "Hansabank-Latvia"  operating result in 1998 was a LVL 3,2 million

loss,  which  was  caused  by the liquidation of all Russian positions,

increased loan provisions and merger-related expenditures.