In  the  first  seven  months  of 2002 JSC "Pirmā banka"  has earned a

profit  of  LVL  1,133,500.  This  is  largely owing to the operational

income,  as  well  as to successful securities trading. Simultaneously,

the  Bank  is proceeding with modernisation and upgrading of its branch

network:  on  August  16:  a  new  branch will be opened at 41 Lāčplēša

Street, Riga.