21.07.2005, Akciju komercbanka Baltikums, RIG

Akciju komercbanka “Baltikums”                                            21.07.2005



JSC “Akciju komercbanka “Baltikums”” non-audited financial results as of June30,2005



Pre-tax profit of JSC “Akciju komercbanka “Baltikums”” and its subsidiaries for the 

first half of 2005 was LVL 354 thousand (EUR 504 thousand), that is an increase by 

90% in comparison to the respective period of the previous year.



JSC “Akciju komercbanka “Baltikums”” non-audited financial results as of June 30, 

2005:



§	Assets                          LVL 51 833 thousand (EUR 73 752 thousand)

§	Loans                           LVL 13 557 thousand (EUR 19 289 thousand)

§	Deposits                        LVL 39 368 thousand (EUR 56 016 thousand)

§	Shareholders` equity             LVL 5 548 thousand  (EUR 7 894 thousand)

§	Assets under management           LVL  768 thousand  (EUR 1 093 thousand)

§	Profit of the year                 LVL 354 thousand    (EUR 504 thousand)



The exchange rate of the Bank of Latvia was 1 EUR=0.702804 LVL on June 30, 2005. 



Chairman of the Board 

A.Reims



Tatjana Gaivoronska

Phone: 7031343